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plz help Faber-Castell purchases trees from Chenay lumber and processes them up to the spin-off point where two products faper and ending) emerge from process.
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Faber-Castell purchases trees from Chenay lumber and processes them up to the spin-off point where two products faper and ending) emerge from process. The products are then sold to an independent company that markets and distribute them to roll outlets. The following information was the foremo of October Trees processed: 330 trees Production paper 180,000sheets pencil casings 180.000 Sales paper 165,000at $0.20 per page pencil casings 177.500 at $0 26 per casing The cost of purchasing 330 trees and processing them up to the split-off point to yield 180,000 sheets of paper and 180.000 pencil casings is $16.000 Faber-Castell's accounting department reported no beginning inventory What are the papers and the pencil's approximate weighted cont proportions using the sales value at split-off method, respectively 43.48% and 56.52% 48.18% and 51.82% 41.69% and 58.31% 50.00% and 50.00% i Spots The Amhelm Company processes un processed milk produce two products. Butter Cream and Condensed Mix. The tohowing tomato.com of June Direct Material processed 32.500 gallons Production Butter Cream 15.00 en Condensed MK 1750wOns Sales nutter Cream 14 500 ons Condensed MIR 17000 ans Sales Butter Cream $4800 per gallon Condensed MUK 35.6 per gallon Separable costs in lautter Cream $17.000 total: Condensed Milk $35,600 The cost of purchasing the unprocessed milk and processing it up to the split-off point to yield a total of 32,500 gallons of saleable product was $72.400 a The company uses the constant gross-margin percentage NRV method to allocate the joint costs of production What is the located joint cost of Condensed Mix $35,600 $17,000 $41,400 $31.000 Asahi Drink Company processes direct materials up to the split-off point where two products, and are ined. The following formation was to the month of July Direct materials processed: 3000liters Production 700uters 8 1550liters Sales $40.00per liter $35.00 per liter The cost of purchasing 3000 liters of direct materials and processing it up to the split-off point to yield a total of 2250 lters of good products was $3000. There were to inventory balances of A and B. Product A may be processed further to yield 560 liters of Product Zs for an additional processing cost of $160. Product ZS is sold for $25.00 per in. There was no beginning inventory and ending inventory was 125 liters Product B may be processed further to yield 1450 liters of Product W3 for an additional processing cost of $310. Product W3 is sold for $35 per her. There was no beginning inventory and ending inventory was 25 liters. What is Product Z5's estimated net realizable value at the split-off point? $50,590 $13,750 $13,590 $27,840 Step by Step Solution
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