Moodle New Tab X New Tab F-XCQ HOME DATA VIEW * Cut Font Name Font Size . TabStop Wrap Text E Insert Column Delete Column Conditional Formatt Paste Copy B i B a & us overline Merge Cell 2 Insert Row Delete Row Remove Condition CLICK HERE TO SAVE YOUR WORK H19 A B C D E F G H I J K L M 1 Saving your work for grading: 2 1. Press the yellow button above to save your work. 2. A link to your spreadsheet will be placed in the clipboard. 3. Click the Moodle tab and follow the instructions to paste your link for grading. 5 4. If you make changes to your spreadsheet, click the yellow button to save. 5. There is NO need to paste another link to your spreadsheet. 7 SAVE YOUR WORK PERIODICALLY 8 9 Orville Corporation produces three products: Alpha, Beta, and Zeta. Alpha and Beta are considered main products while Zeta is a byproduct. 10 50,000 kg of raw material, are processed at a total cost of $355,000. After splitoff, 65% of the raw materials become Alpha and 25% become Beta. 11 There is no waste or scrap with the remainder becoming Zeta. Alpha can be sold for $10, Beta $14, and Zeta $1 per kg. 12 There was no beginning inventory and Orville sold the following: Alpha 80%, Beta 75%, and Zeta 90%. 13 14 Required: 15 Orville Corporation allocates the joint costs to Alpha and Beta using the sales value at splitoff method. 16 They account for the byproduct using the production method. What is the joint cost amount and how is it allocated? 17 What is the gross margin percentage for Alpha and Beta? How much is the Alpha, Beta, and Zeta ending inventory worth? 18 19 20 21 22 23 24 25 Byproduct Sheet2 New... 1 1