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Please show me how to get the correct answer. Yakima Manufacturing purchases trees from Cascade Lumber and processes them up to the split off point
Please show me how to get the correct answer.
Yakima Manufacturing purchases trees from Cascade Lumber and processes them up to the split off point where two products (paper and pencil casings) are obtained. The products are then sold to an independent company that markets and distributes them to retail outlets. The following information was collected for the month of November: Trees processed: 50 trees Production: paper pencil casings coarse saw dust 35.000 pages 30,000 casings 2 tons by-product Sales price: paper pencil casings coarse saw dust $0.04 per page $0.10 per casing $30.00 per ton The cost of purchasing 50 trees and processing them up to the split off point is $1,500 How much of the joint costs are allocated to to by-products using the sales method? You Answered 20.18 Correct Answer 0 margin of error +/-0.05Step by Step Solution
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