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ID: A 36. Laredo Corporation, which manufactures products w.x. Y, and Z through a joint process costing has the following data for 2014: Total Sales

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ID: A 36. Laredo Corporation, which manufactures products w.x. Y, and Z through a joint process costing has the following data for 2014: Total Sales Value Product 10,000 6,000 16,000 $5,000 2,500 3,000 4,500 What is the amount of joint costs assigned to product W using the physical units method? a. $6,000 b. $8,000 c. $16,000 d. $18,000 37. Suppose that a sawmill processes logs into four grades of lumber totaling 500,000 board feet as follows at a joint cost of $300,000: First and second No. 1 common No. 2 common No. 3 common Board Feet 75,000 200,000 100,000 125,000 S 56,250 180,000 105,000 127,500 What amount of joint costs will be allocated to first and second using the physical units method? a. $300,000 b. $45,000 c. $36,000 d. $225,000 Cumadin Corporation, which manufactures products W, X, Y, and Z through a joint process costing S 18,00 has the following data for 2014: 38. Sales Value ProductUnits Producedat Split-Om 10,000 6,000 16,000 8,000 $5,000 2,500 3,000 4,500 What is the amount of joint costs assigned to Product X using the sales-value-at-split-off method? a. $18,000 b. $3,000 c. $10,000 d. $2,700

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