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i need help only with question 26 and 27 Use the following to g estions 23-28126 POINTS) A company has a single manufacturing process from
i need help only with question 26 and 27
Use the following to g estions 23-28126 POINTS) A company has a single manufacturing process from which four waters emerge EX WHY ZEE and BEE The company account for by products at time of production. The following information is available regarding the production from last month Sales Value Per unit Adelina Production Sales Valle processing 33 x 3000 = 46,000 the pounds of pound further de 2.000 WHY 7.00 E 7o $2.00 1,000 14 X 98.000 - 98,000 5o, X 56,000 = 56,000 300,000 $0.50 BE TOTO EX, ZEE and BEE are all salable at the sit-off point WHY carnet and the companyia not able to estimate a value at that point Joint production costs for the month old 581.000 23. Using the physical units basis of allocation, the amount of joint cost allocated to ZEE 61,000 $6,090 (100) 60,900 x. I = 6,090 24. Using the sales value at spill of method of allocation, the amount of contacted to Exi Cannot use since why has no Market or determinable value at Split - off 25. Using the net-realizable value method, joint cost allocated to WHY wil be 98.000 -=.49x60900 $ 29,841 300,000 26 Assume that all of the further processing for all products was completed during the current period and all processing costs were as listed above. 500 units of ZEE were sold. The finished goods account for product ZEE would be 27. The company would show revenues from the sale of By Product BEE in the amount of 28. In addition to GAAP external reporting, the company also uses these allocations for long-term product mix decisions of the 3 methods studied in class. What method of joint cost allocation would you recommend they use and why? BE SPECIFIC. Net Realizeable value method Since all Products Qain substantial profitability after Split - Off Page 5 Step by Step Solution
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