Question
Cumadin Corporation, which manufactures products W, X, Y, and Z through a joint process costing $18,000, has the following data for 2018: Sales Value Product
Cumadin Corporation, which manufactures products W, X, Y, and Z through a joint process costing $18,000, has the following data for 2018:
| Sales Value | ||
| Product | Units Produced | at Split-Off |
| W | 10,000 | $5,000 |
| X | 6,000 | 2,500 |
| Y | 16,000 | 3,000 |
| Z | 8,000 | 4,500 |
?
What is the amount of joint costs assigned to Product X using the sales-value-at-split-off method?
| a. | $3,000 | |
| b. | $10,000 | |
| c. | $18,000 | |
| d. | $2,700 |
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
16th Edition
78110939, 978-0078110931
