Question
product unit prroduced market value at split off additional processing cost market value after additonal processing A 6 $ 80 $ 7 $ 90 B
product unit prroduced market value at split off additional processing cost market value after additonal processing
A 6 $ 80 $ 7 $ 90
B 5 60 6 70
C 4 40 4 50
D 3 20 2 30
joint production cost $ 150
1 allocate joint prodcution cost quantity output method
2 allocate joint production cost market value method [ market value known at split off point ]
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
