Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

German Cobroduces three products-X. Y and from a joint process. Each product may be sold in the spilt of point of prored further Additional processing

image text in transcribed
image text in transcribed
German Cobroduces three products-X. Y and from a joint process. Each product may be sold in the spilt of point of prored further Additional processing requires me specals and production costs of further processing are entirely variable and accoble to the products involved Cast year all the products were processed beyond it off Joint production costs for the year were $120.000, Sales values and costs needed to Garron's production policy follow Units Produced 6,000 3.000 1,200 Sales Valuut Soliton $ 40,000 15,000 15,000 IF Processed further Sales Val Additional cost $ 60,000 $ 1.200 40,000 3,000 30,000 1,500 The amount of joint costs located to product X using the physical measure method is calculate allation and percentages to decimal places, for examole 33.3333 and under armounts to the nearest whole dotat: Multiple Choice $48.000. O $12,000. $36.000 $72000. $32.000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Students also viewed these Accounting questions