Pronghorn manufactures three types of plant food using a joint process. The cost of materials used during a typical period is $95.000, while labour and overhead are $145.000. This level of operations results in 34.300 kilograms of PF1.9.800 kilograms of P2, and 4,900 lograms of PF3. PF1 can be sold "as is" for $8/kg. PF2 can be sold as is for $3/. or processed further at a cost of $1.A/kg. and then sold for $4/kg (identify this end product as PF4). PF3 requires further processing costs of $/kg and is eventually sold for $2.5/kg. Determine gross maroin by product line il pronghorn els 29.900 kg of P.7.100 ko. Pf2 and 4.900 kg of F3 in a particular period. Pronghorn uses the NRV method to locate joint costs. (Round intermediate Product 1 Product 2 Product Cross Margin (Loss) Assume the firm does not sel PF2 "as is" but instead incurs separate processing costs of $13.720 per batch of 9.800 kg to finish the product. The finished products sell for $4/. Assume that Pronghom sold 29.800 kg of PF1.4.700 kg. Of PF4.and 4,900 R of P3. What is the gross margin by product line for the period using the NR method? (Round Rotermediate calculations to dechwar places eg. 1.456736 and final answers to decimal places. 125.) PFI PF3 Gross Margis (Los) Asume that Pronghom could sell the same number of kilograma of 2 or 4. Should the company procen a further into 14 orel When sold When processed further Division of Wales Version 4.4 The company should process 2 Further into F4 The company should P92 as is" The company would be different between 2 and 4 Pronghorn manufactures three types of plant food using a joint process. The cost of materials used during a typical period is $95.000, while labour and overhead are $145.000. This level of operations results in 34.300 kilograms of PF1.9.800 kilograms of P2, and 4,900 lograms of PF3. PF1 can be sold "as is" for $8/kg. PF2 can be sold as is for $3/. or processed further at a cost of $1.A/kg. and then sold for $4/kg (identify this end product as PF4). PF3 requires further processing costs of $/kg and is eventually sold for $2.5/kg. Determine gross maroin by product line il pronghorn els 29.900 kg of P.7.100 ko. Pf2 and 4.900 kg of F3 in a particular period. Pronghorn uses the NRV method to locate joint costs. (Round intermediate Product 1 Product 2 Product Cross Margin (Loss) Assume the firm does not sel PF2 "as is" but instead incurs separate processing costs of $13.720 per batch of 9.800 kg to finish the product. The finished products sell for $4/. Assume that Pronghom sold 29.800 kg of PF1.4.700 kg. Of PF4.and 4,900 R of P3. What is the gross margin by product line for the period using the NR method? (Round Rotermediate calculations to dechwar places eg. 1.456736 and final answers to decimal places. 125.) PFI PF3 Gross Margis (Los) Asume that Pronghom could sell the same number of kilograma of 2 or 4. Should the company procen a further into 14 orel When sold When processed further Division of Wales Version 4.4 The company should process 2 Further into F4 The company should P92 as is" The company would be different between 2 and 4
