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Bonanza Co. manufactures products X and Y from a joint process that also yields a by product, Z. Revenue from sales of Z is treated
Bonanza Co. manufactures products X and Y from a joint process that also yields a by product, Z. Revenue from sales of Z is treated as a reduction of joint costs. Additional information is as follows: PRODUCTS Units produced Joint coats Sales value at split-oft 32,000 ? $480,000 32,000 2 $240,000 2 16,000 2 $16,000 TOTAL 80,000 $322,000 $736,000 Joint costs were allocated using the net realizable value method at the split-off point. The joint costs allocated to product X were Multiple Choice $120,000 $136,800. O $240,000. $204,000
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