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ans all 3 Involve Inc and Facum Inc. are two companies that rent space in the same building and share a common cafeteria. The cost
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Involve Inc and Facum Inc. are two companies that rent space in the same building and share a common cafeteria. The cost of operating the cafeteria is $350,000 per year. If the companies did not share the cafeteria service and instead paid for the services independently, it would cost $160.000 per year for involve and $252,000 for Facum Inc. Using the stand-alone method to allocate the common cost how much of the $350.000 would be allocated to the two businesses? None of these options is correct O $190.000 for Involve loc. and 5210,000 for Facun Inc. O $142.000 for Involve Inc. and 5200,000 for Facumine O $127.000 for Invalve Inc and 5210,000 for Factum Inc. Question 7 15.5 points) At which stage of the process is a product's direct materials most likely to be locked- in? When materials are purchased from a supplier When materials are received from a supplier, When the product is designed When materials are used in production. Question 8 15.5 points) Dawning Inc, manufactures two products from a common input. In July, the company incurred 522.000 in joint costs and reported the following: Selling price per Kilograms produced Kilograms sold kilogram Product A 2.400 2.200 $10.00 Products 4.800 3600 $15.00 Assuming the company allocates joint costs using the sales value at spilltoff point method what amount of jaint costs would be allocated to Product A and Product B? $9.200 for Product A and $12,000 for Product D None of these options is correct. $12,000 for Product A and 547,200 for Product B $5.500 for Product A and $16.500 for ProductStep by Step Solution
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