Question
Bismite Corporation purchases trees from Cheney lumber and processes them up to the splitoff point where two products (paper and pencil casings) are obtained. The
Bismite Corporation purchases trees from Cheney lumber and processes them up to the splitoff point where two products (paper and pencil casings) are obtained. The products are then sold to an independent company that markets and distributes them to retail outlets. The following information was collected for the month of October: Trees processed: trees Production: paper sheets pencil casings Sales: paper at per page pencil casings at per casing The cost of purchasing trees and processing them up to the splitoff point to yield sheets of paper and pencil casings is . Bismite's accounting department reported no beginning inventory. What is the total sales value at the splitoff point for paper?
A.$ 17 comma 000
$17,000
B.$ 16 comma 200
$16,200
C.$ 25 comma 500
$25,500
D.$ 25 comma 275
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