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e. Byproduct costing: (2 marks) Girard Enterprises processes 24,000 kilograms of raw coffee beans to product two products. The first product is roasted coffee that
e. Byproduct costing: (2 marks) Girard Enterprises processes 24,000 kilograms of raw coffee beans to product two products. The first product is roasted coffee that is sold for $25.00 per kilogram. The second product is the shell of the bean, called the husk. The husk is sold as a fertilizer for plant crops. Because it is sold for only $3.50 per kilogram, it is a by- product of coffee processing. The following information is available for the month of July: Roasted Husks Activity in kilograms Coffee Production 21,000 2,600 Sales 17,300 2,200 There were no beginning inventories. Costs to process the raw coffee beans were $189,700. Calculate the cost of ending inventory for the month of July using the Production method of accounting for byproducts. MacBook Air o DII F4 F5 F7 FB % &
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