Answered step by step
Verified Expert Solution
Question
1 Approved Answer
NRV Method only please Bathurst Company manufactures three products from a joint production process: Product A. Product B, and Product C. The joint costs are
NRV Method only please
Bathurst Company manufactures three products from a joint production process: Product A. Product B, and Product C. The joint costs are as follows Direct Materials Direct Labor Overhead $73.200 129,200 $42,300 $13,700 Information on the three products is as follows: Product Pounds Price at split- Costs to process further $13,000 $9.000 $12,000 Price after further processing (per lb.) $78.30 $34.00 $55.90 off (per lb.) 1200 $60.25 2100 $12.70 C 2320 $54.60 2.0 Allocate the joint cost using the a) Physical units method b) Weight average method (assume they use the following weights: 2 for Product A, 3 for Product B, and I for Product C c) Sales value at split off method d) Net realizable value method e) Constant gross margin method Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started