62. Products X, Y, and Z are produced from the same process at a cost of $8,080. Five thousand pounds of raw material yields 2,700 X, 3,700 Y, and 2,200 Z. Selling prices are: X $2 per unit, Y $4 per unit, Z valueless. The ending inventory of X is 74 units. What is the value of the ending inventory if joint costs are allocated using net realizable value?

$50.40.

$40.87.

$59.20.

$61.20.

63. The Mallak Company produced three joint products at a joint cost of $138,400. Two of these products were processed further. Production and sales were:

	Weight		Sales			Addtl. Processing Costs
P	345,000	lbs.	$	276,000		$	207,000
Q	132,000	lbs.		39,600			-0-
R	132,000	lbs.		231,000			132,000

If the estimated net realizable value method is used and product Q is accounted for as a main product, how much of the joint costs would be allocated to product R?

$54,889.

$78,500.

$66,000.

$57,667.

71.

Denominator hours for May		21,500
Actual hours worked during May		20,500
Standard hours allowed for May		18,500
Flexible budget fixed overhead cost	$	64,500
Actual fixed overhead costs for May	$	68,800

Danske Company had total underapplied overhead of $21,500. Additional information is as follows:

Variable Overhead:
Applied based on standard direct labor hours allowed	$	55,000
Budgeted based on standard direct labor hours		44,500
Fixed Overhead:
Applied based on standard direct labor hours allowed	$	43,000
Budgeted based on standard direct labor hours		33,500

What is the actual total overhead for the period?

$99,500.

$119,500.

$56,500.

$64,500.

72. Division A has variable manufacturing costs of $50 per unit and fixed costs of $7 per unit. Division A is operating at capacity, what is the opportunity cost of an internal transfer when the market price is $74?

$24.

$7.

$50.

$67.