Question
Canada corporation manufactures three products X,Y &Z from a joint process. February production is 4,000 X; 7,000 Y; and 8,000 Z. Respective per unit selling
Canada corporation manufactures three products X,Y &Z from a joint process. February production is 4,000 X; 7,000 Y; and 8,000 Z. Respective per unit selling prices at splitoff are $15, $10, and $5. Joint costs up to the splitoff point are $75,000. If joint costs are allocated based upon the sales value at splitoff, what amount of joint costs will be allocated to Y?
a. $30,882
b. $26,471
c. $28,125
d. $17,647
Coca Cola manufacturers a standard juice. During February, the firm's Assembly Department started production of 75,000 boxes. During the month, the firm completed 85,000 boxes. And transferred them to the Finishing Department. The firm ended the month with 5,000 boxes. In ending inventory. All direct materials costs are added at the beginning of the production cycle. Conversion costs are incurred uniformly over the production cycle. Weighted-average costing is used by Coca Cola. the equivalent units for materials for February is:
a. 75,000 boxes
b. 85,000 boxes
c. 90,000 boxes
d. 95,000 boxes
Please please, I don't have enough time, help me
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