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Need help from one of the smart Expert to answer these questions The following information relates to a joint production process for three products, with
Need help from one of the smart Expert to answer these questions
The following information relates to a joint production process for three products, with a totel joint production cost of $150,000. There are no separable processing costs for any of the three products. Sales Value Product at Split-Off Split-Off Units at 1195,000 60,000 45,000 290 870 1740 S 300,000 2,900 value: 20.00 points What amount of joint cost is allocated to each of the three products using the relative sales value method? Cost References e Book & Resources Worksheet Difficulty: 1 Easy value: 20.00 points What amount of joint cost is allocated to each of the three products using the physical units method? Product Cost processing costs for product 3. What amount of joint costs would be allocated to the three products using the relative sales value method? (Round your intermediate percentage values to 2 decimal places (i.e. 24.35%) and final answers to nearest whole dollar amount) Product Allocated Joint Cost Tango Company produces joint products M. N, and T from a joint process. This information concerns a batch produced in April at a joint cost of $160,000: After Split-Off Units Tota Costs 12,800 Produced Separable Total Final Product and Sold Sales Value 14,000 $17,600 8,000 9,000 $200,000 180,000 33,000 2,600 Required: How much of the joint cost should be allocated to each joint product using the net realizable value method? Ente r your answers in whole dollars.) Product Joint Cost Arkansas Corporation manufactures liquid chemicals A and B from a joint process. It allocates joint costs on before it can be sold. Required: roduct cost
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