Question
Netzone Company is in semiconductor industry and fabrication of siliconminuswafer chips splits off two types of memory chips, Standard and Premium. The following information was
Netzone Company is in semiconductor industry and fabrication of siliconminuswafer chips splits off two types of memory chips, Standard and Premium. The following information was collected for last quarter of the calendar year: Direct materials processed: 200200 kgs (Both standard and premium chips weigh 2020 grams each) Production: Standard 13 comma 00013,000 chips Premium 7 comma 3007,300 chips Sales: Standard 12 comma 50012,500 at $ 120$120 per chip Premium 6 comma 9006,900 at $ 200$200 per chip The cost of purchasing 200200 kgs of direct materials and processing it up to the splitminusoff point to yield a total of 20 comma 30020,300 chips of good products was $ 2 comma 040 comma 000$2,040,000. Beginning inventories totalled 110110 chips for Standard and 7070 chips for Premium. Ending inventory amounts reflected 110110 chips of Standard and 7070 chips of Premium. October costs per unit were the same as November. What are the physicalminusvolume proportions for products Standard and Premium, respectively?
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