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9. The amount of joint costs rounded-off to the nearest dollar that is allocated to product-C using the relative sales value method is calculated to
9.
The amount of joint costs rounded-off to the nearest dollar that is allocated to product-C using the relative sales value method is calculated to be:
A.
$26,667
B.
$21,408
C.
$26,496
D.
$21,284
10.
The amount of joint costs rounded-off to the nearest dollar that is allocated to product-A using the net realizable value method is calculated to be:
A.
$28,169
B.
$27,610
C.
$26,496
D.
$22,018
Flag question Use the following information to answer questions 8, 9 & 10. Alpha Co. produces three products - A, B, &C- from a joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Last year all three products were processed beyond split-off. Joint production costs for the year were $80,000. Sales value and costs needed to evaluate Alpha's production policy follow. If Processed Further Units Sales Value Sales Value Additional Product Produced at Split-off Costs 7,000 $30,000 $50,000 $11,000 B 5,000 $50,000 $54,000 $8,000 3,000 $29,000 $38,000 $10,000 The amount of joint costs rounded-off to the nearest dollar that is allocated to product-B using the physical unit method is calculated to be: Question 8 Not yet answered Marked out of 2.00 P Flag question O A. $30,423 B. $26,667 O C. $36,697 OD. $32,667Step by Step Solution
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