Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help me answer this problem with complete solutions. thanks! will upvote f1 JOINT PRODUCTS: Machintosh Company produces two products from a common input. Product

please help
me answer this problem with complete solutions. thanks! will upvote
image text in transcribed
image text in transcribed
f1 JOINT PRODUCTS: Machintosh Company produces two products from a common input. Product A Common Input Product B *Note: Split-off point is the juncture in the process when the products become separately identifiable. The sales value of Product A at the split-off point (without further processing) is P 60,000 The sales value of Product B at the split-off point (without further processing) is P 120,000 Question 1 1/1 pts If Product A will be processed further after the split-off point, it will incur a processing cost of P 22,591, but its sales value after further processing will now be P 112,474. What will be the profit for Product A after further processing? Question 2 1/1 pts if Product B will be processed further after the split-off point, it will incur a processing cost of P 97.206, but its sales value after further processing will now be P 194.197. What will be the profit for Product B after further processing? 96.991 Question 3 1/1 pts Based on the given data, which of the products should be sold at the split-off point? Product A Product B Both Product AGB Neither Product Anor B Question 4 1/1 pts Which of the products should be sold after being processed further? Product A Product 8 Both Product AGB

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_2

Step: 3

blur-text-image_3

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

Wiley CIA Essentials Of Internal Auditing Exam Review 2022 Part 1

Authors: S. Rao Vallabhaneni

1st Edition

1119846285, 978-1119846284

More Books

Students also viewed these Accounting questions

Question

Apply your own composing style to personalize your messages.

Answered: 1 week ago

Question

Format memos and e-mail properly.

Answered: 1 week ago