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Henderson Sawmill, Inc., (HSI), purchases logs from independent timber contractors and processes the logs into three types of lumber products. These products are the result
Henderson Sawmill, Inc., (HSI), purchases logs from independent timber contractors and processes the logs into three types of lumber products. These products are the result of a joint sawmill process that involves removal of bark from the logs, cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs Click the icon to view the joint cost information.) (Click the icon to view the per-unit information.) Click the icon to view additional information.) Read the requirements BER Requirement 1. Based on the information given for Henderson Sawmill, allocate the joint processing costs of $1,010,000 to the three products using the (a) Sales value at splitoff method, (b) Physical-measure method (volume in units), and (c) NRV method. a. Begin by allocating the joint processing costs of $1,010,000 to the three products using the Sales value at splitoff method (Round the weights to four decimal places.) Studs Decorative pieces Posts Total Monthly unit output 80,000 8,000 18,000 Selling price per unit 24 Sales value of total production at splitoft Weighting Joint costs allocated 6 b. Based on the information given for Henderson Sawmill, allocate the joint processing costs of $1,010,000 to the three products using the Physical measure method (volume in units). (Round the weights to four decimal places.) Studs Decorative pieces Posts Total Physical measure of total production Weighting Joint costs allocated c. Based on the information given for Henderson Sawmill, allocate the joint processing costs of $1,010,000 to the Henderson Sawmill, Inc. (HSI), purchases logs from independent timber contractors and processes the logs into three types of lumber products. These products are the result of a joint sawmill process that involves removal of bark from the logs, cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs (Click the icon to view the Joint cost information) (Click the icon to view the per-unit Information.) Click the icon to view additional information) Read the requirements c. Based on the information given for Henderson Sawmill, allocate the joint processing costs of $1,010,000 to the three products using the NRV method. (Round the weights to four decimal places.) Studs Decorative pieces Posts Total Monthly units of total production Fully processed selling price per unit Net realizable value at splitoff Weighting Joint costs allocated Requirement 2. Prepare ar analysis for Henderson Sawmill that compares processing the decorative pieces further as it currently does, with selling them as a rough-cut product immediately at splitoff. (Use parentheses or a minus sign for decreases in contribution.) Units Dollars Monthly unit output Less: Normal further processing shrinkage Units available for sale Final sales value Less: Sales value at splitoff Incremental revenue Less: Further processing costs Henderson Sawmill, Inc. (HSI), purchases logs from independent timber contractors and processes the logs into three types of lumber products. These products are the result of a joint sawmill process that involves removal of bark from the logs, cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs (Click the icon to view the Joint cost information) (Click the icon to view the per-unit Information.) Click the icon to view additional information) Read the requirements c. Based on the information given for Henderson Sawmill, allocate the joint processing costs of $1,010,000 to the three products using the NRV method. (Round the weights to four decimal places.) Studs Decorative pieces Posts Total Monthly units of total production Fully processed selling price per unit Net realizable value at splitoff Weighting Joint costs allocated Requirement 2. Prepare ar analysis for Henderson Sawmill that compares processing the decorative pieces further as it currently does, with selling them as a rough-cut product immediately at splitoff. (Use parentheses or a minus sign for decreases in contribution.) Units Dollars Monthly unit output Less: Normal further processing shrinkage Units available for sale Final sales value Less: Sales value at splitoff Incremental revenue Less: Further processing costs Henderson Sawmill, Inc., (HSI), purchases logs from independent timber contractors and processes the logs into three types of lumber products. These products are the result of a joint sawmill process that involves removal of bark from the logs, cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs, (Click the icon to view the joint cost information) Click the icon to view the per-unit information.) Click the icon to view additional information) Read the requirements Final sales value Less: Sales value at splitoff Incremental revenue Less: Further processing costs Increasel(decrease) in contribution from further processing Requirement 3. Assume Henderson Sawmill announced that in six months it will sell the unfinished decorative pieces at splitoff due to increasing competitive pressure. Select three types of likely behavior that will be demonstrated by the skilled labor in the planing-and-sizing process as a result of this announcement Behavior that may be demonstrated by the skilled labor in the planing-and-sizing process include the following: higher quality increased motivation and morale increasing production job insecurity, leading to nonproductive employee time looking for jobs elsewhere lower quality reduced motivation and morale Text at splitoff due to increasing competitive pressure. Select three types of likely behavior that will be demonstrated by th skilled labor in the planing-and-sizing process as a result of this announcement Behavior that may be demonstrated by the skilled labor in the planing-and-sizing process include the following: Management actions that could improve this behavior include the following: Improve communication by giving the workers: The company can offer incentive bonuses to and align rewards with goals. The company could job relocation and internal job transfers. Henderson Sawmill, Inc., (HSI), purchases logs from independent timber contractors and processes the logs into three types of lumber products. These products are the result of a joint sawmill process that involves removal of bark from the logs, cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs Click the icon to view the joint cost information.) (Click the icon to view the per-unit information.) Click the icon to view additional information.) Read the requirements BER Requirement 1. Based on the information given for Henderson Sawmill, allocate the joint processing costs of $1,010,000 to the three products using the (a) Sales value at splitoff method, (b) Physical-measure method (volume in units), and (c) NRV method. a. Begin by allocating the joint processing costs of $1,010,000 to the three products using the Sales value at splitoff method (Round the weights to four decimal places.) Studs Decorative pieces Posts Total Monthly unit output 80,000 8,000 18,000 Selling price per unit 24 Sales value of total production at splitoft Weighting Joint costs allocated 6 b. Based on the information given for Henderson Sawmill, allocate the joint processing costs of $1,010,000 to the three products using the Physical measure method (volume in units). (Round the weights to four decimal places.) Studs Decorative pieces Posts Total Physical measure of total production Weighting Joint costs allocated c. Based on the information given for Henderson Sawmill, allocate the joint processing costs of $1,010,000 to the Henderson Sawmill, Inc. (HSI), purchases logs from independent timber contractors and processes the logs into three types of lumber products. These products are the result of a joint sawmill process that involves removal of bark from the logs, cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs (Click the icon to view the Joint cost information) (Click the icon to view the per-unit Information.) Click the icon to view additional information) Read the requirements c. Based on the information given for Henderson Sawmill, allocate the joint processing costs of $1,010,000 to the three products using the NRV method. (Round the weights to four decimal places.) Studs Decorative pieces Posts Total Monthly units of total production Fully processed selling price per unit Net realizable value at splitoff Weighting Joint costs allocated Requirement 2. Prepare ar analysis for Henderson Sawmill that compares processing the decorative pieces further as it currently does, with selling them as a rough-cut product immediately at splitoff. (Use parentheses or a minus sign for decreases in contribution.) Units Dollars Monthly unit output Less: Normal further processing shrinkage Units available for sale Final sales value Less: Sales value at splitoff Incremental revenue Less: Further processing costs Henderson Sawmill, Inc. (HSI), purchases logs from independent timber contractors and processes the logs into three types of lumber products. These products are the result of a joint sawmill process that involves removal of bark from the logs, cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs (Click the icon to view the Joint cost information) (Click the icon to view the per-unit Information.) Click the icon to view additional information) Read the requirements c. Based on the information given for Henderson Sawmill, allocate the joint processing costs of $1,010,000 to the three products using the NRV method. (Round the weights to four decimal places.) Studs Decorative pieces Posts Total Monthly units of total production Fully processed selling price per unit Net realizable value at splitoff Weighting Joint costs allocated Requirement 2. Prepare ar analysis for Henderson Sawmill that compares processing the decorative pieces further as it currently does, with selling them as a rough-cut product immediately at splitoff. (Use parentheses or a minus sign for decreases in contribution.) Units Dollars Monthly unit output Less: Normal further processing shrinkage Units available for sale Final sales value Less: Sales value at splitoff Incremental revenue Less: Further processing costs Henderson Sawmill, Inc., (HSI), purchases logs from independent timber contractors and processes the logs into three types of lumber products. These products are the result of a joint sawmill process that involves removal of bark from the logs, cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs, (Click the icon to view the joint cost information) Click the icon to view the per-unit information.) Click the icon to view additional information) Read the requirements Final sales value Less: Sales value at splitoff Incremental revenue Less: Further processing costs Increasel(decrease) in contribution from further processing Requirement 3. Assume Henderson Sawmill announced that in six months it will sell the unfinished decorative pieces at splitoff due to increasing competitive pressure. Select three types of likely behavior that will be demonstrated by the skilled labor in the planing-and-sizing process as a result of this announcement Behavior that may be demonstrated by the skilled labor in the planing-and-sizing process include the following: higher quality increased motivation and morale increasing production job insecurity, leading to nonproductive employee time looking for jobs elsewhere lower quality reduced motivation and morale Text at splitoff due to increasing competitive pressure. Select three types of likely behavior that will be demonstrated by th skilled labor in the planing-and-sizing process as a result of this announcement Behavior that may be demonstrated by the skilled labor in the planing-and-sizing process include the following: Management actions that could improve this behavior include the following: Improve communication by giving the workers: The company can offer incentive bonuses to and align rewards with goals. The company could job relocation and internal job transfers
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