Question
Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows: Quantity at Sales Price Joint Cost Cereal
Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows: Quantity at Sales Price Joint Cost Cereal Split-Off Point per Kilogram $ 38,000 Yummies 24,500 kilograms $ 2.10 Crummies 10,500 kilograms 2.60
Required: Use the physical-units method to allocate the companys joint production cost between Yummies and Crummies. (Do not round intermediate calculations.)
Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows:
Quantity at | Sales Price | ||||||||||||
Joint Cost | Cereal | Split-Off Point | per Kilogram | ||||||||||
$ | 38,000 | Yummies | 24,500 | kilograms | $ | 2.10 | |||||||
Crummies | 10,500 | kilograms | 2.60 | ||||||||||
Required: Use the physical-units method to allocate the companys joint production cost between Yummies and Crummies. (Do not round intermediate calculations.)
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