Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer fast. Nyari's News and Notes is a paper production company. The rst step in the process involves taking wood pulp and soaking it

Please answer fast.

image text in transcribed
Nyari's News and Notes is a paper production company. The rst step in the process involves taking wood pulp and soaking it till it forms a slurry. The slurry is then sieved by weight and set into rolls. The rolls are considered newsprint weight, notepaper weight, packing weight and household weight. Newsprint can be sold in rolls to newspaper offices without further processing. Notepaper weight can be further cut and processed into note books, packing weight can be further coloured into tissue paper and household weight can be processed into either toilet paper or paper towels. You are given the following data: Output at split Revenue at Further off point in rolls splitoff point processing costs Revenues Newsprint 6,500 364,000 364,000 Note paper 240,000 70,000 65 0,000 Packing paper 560,000 40,000 460,000 Household paper 304,000 240,000 1,250,000 Joint Costs 2,750,000 Required: Allocate the joint oasis using: 1} Sales value at Split Off Point 2} Physical measure 3} Net Realizable Value

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Accounting questions