Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

collocation Heap Sensation, Inc., produces and up with three different center mening for swak park, and starte. The opis produced through a font production process

image text in transcribed
image text in transcribed
collocation Heap Sensation, Inc., produces and up with three different center mening for swak park, and starte. The opis produced through a font production process that cuits 130,000 per bath ach batch 14.00 bottles of min dory land som 12.000 bottles of snowflake partie hand, and 10.000 bottles of sea breeze hand soap at the stoff in this proceso further the off point, but the market value both of the flavors at this point is estimated to be $1.25 per bottle. The additional processing costi of mening or www and were bad pre 30.5, 0.5, and 10.00 polpectively Morning glory, mwake park, and as breze hand soap are the sold for 52.00 12.20 and $2.0 per bottle respectively 1. Using the value the locate the joint costs of production to each product Hound your answers to two decimal places Greater of Total NRV and Total Market value at Split-on Total Net Realizable value Harket value per Bottle at Split-on Total Market Value at Split off Added Cost Bottes Di Batch NRV per Bottle Market Price per Bottle Propor Joint Product ring story and She was and SAD e brand 2. The company and to hand so beyond the off point Identity the reason that suport this decision the news of the way of land in her than the market the point There and the matheft ont The of charitate hand soaps with three different scents morning Glory, wowitake sparkle, and se broere. The opis produced through a joint production process that cs 14,000 bols of morting glory hand soap, 12,000 bottles of snowflake Sparkle hand soap, and 10,000 bottles of sea breeze hand soap at the split off ter the spot off point, but the market value of a bottle of any of the flavors at a point is estimated to be 1.25 per bottle. The additional processing costs en breeze band soap ar $0.50, 50.55, and $0.50 per bottle, respectively. Morning glory, snowflake spande, and a breeze hand soap are the sold for ocate the joint costs of production to uach product. Round your answers to two decimal places. Market Value per Bottle at Split on Bottles Total Market Value at Split-off Greater of Total NRV and Total Market Value at Split on Market Price per Bottle Added Cost per Bottle Total Net Realizable Value NRY per Bottle Joint Costs Proportion Allocation of rand pe tot point. Identify the controls this on the off cont landscam wettent terse at the topit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Islamic Accounting

Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim

1st Edition

1119023297, 9781119023296

More Books

Students also viewed these Accounting questions

Question

What other blunt questions do you think would be appropriate?

Answered: 1 week ago