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Question 5 3.43 pts HERNANDEZ Canning Company processes tomatoes into catsup and tomato juice. During the summer of 2019, the joint costs of processing
Question 5 3.43 pts HERNANDEZ Canning Company processes tomatoes into catsup and tomato juice. During the summer of 2019, the joint costs of processing the tomatoes were $400,000. There was no beginning or ending inventories for the summer. Production and sales value information for the summer is as follows: Sales Value at Split- Separable Costs Selling Price Product Cases off Point [in TOTAL] [in TOTAL] Catsup Juice 25,000 $8 per case $280,000 $500,000 75,000 4 per case $520,000 $1,100,000 Required: Determine the amount of joint costs allocated to CATSUP if the estimated net realizable value method is used. [Please note that the selling price for sales value at split-off point is per case of tomatoes... while the selling prices for separable costs and final sales values are in total. O $520,000 O $310,000 O $234,000 O $280,000 O $290,000 O $110,000 O $300,000 D Question 6 3.43 pts Calculate the direct labor cost of JUI HUNG INC for the year: Direct materiale uead for the year = $600.000 Total manufacturing.cocte C MacBook P
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