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Snake River Sawmill manufactures two lumber products from a joint milling process. The two products developed are mine support braces ( MSB ) and unseasoned
Snake River Sawmill manufactures two lumber products from a joint milling process. The two products developed are mine support braces MSB and unseasoned commercial building lumber CBL A standard production run incurs joint costs of $ and results in units of MSB and units of CBL Each MSB sells for $ and each unit of CBL sells for $ Problem Part Required: Calculate the amount of joint cost allocated to commercial building lumber CBL on a physicalunits basis. Round the calculation of "Relative Proportion" to the nearest whole percent. Round your final answer to the nearest dollar amount. Calculate the amount of joint cost allocated to the mine support braces MSB on a relativesales value basis. Round the calculation of "Relative Proportion" to the nearest whole percent. Round your final answer to the nearest dollar amount. Assume the commercial building lumber is not marketable at splitoff but must be further planed and sized at a cost of $ per production run. During this process, units are unavoidably lost; these spoiled units have no value. The remaining units of commercial building lumber are saleable at $ per unit. The mine support braces, although saleable immediately at the splitoff point, are coated with a tarlike preservative that costs $ per production run. The braces are then sold for $ each. Using the net realizablevalue basis, compute the completed cost assigned to each unit of commercial building lumber. Round the calculation of "Relative Proportion" to the nearest whole percent. Round your final answer to decimal places.
Snake River Sawmill manufactures two lumber products from a joint milling process. The two products developed are
mine support braces MSB and unseasoned commercial building lumber CBL A standard production run incurs joint
costs of $ and results in units of MSB and units of CBL Each MSB sells for $ and each unit of
CBL sells for $
Problem Part
Required:
Calculate the amount of joint cost allocated to commercial building lumber CBL on a physicalunits basis. Round the calculation of
"Relative Proportion" to the nearest whole percent. Round your final answer to the nearest dollar amount.
Calculate the amount of joint cost allocated to the mine support braces MSB on a relativesales value basis. Round the calculation
of "Relative Proportion" to the nearest whole percent. Round your final answer to the nearest dollar amount.
Assume the commercial building lumber is not marketable at splitoff but must be further planed and sized at a cost of $ per
production run. During this process, units are unavoidably lost; these spoiled units have no value. The remaining units of
commercial building lumber are saleable at $ per unit. The mine support braces, although saleable immediately at the splitoff point,
are coated with a tarlike preservative that costs $ per production run. The braces are then sold for $ each. Using the net
realizablevalue basis, compute the completed cost assigned to each unit of commercial building lumber. Round the calculation of
"Relative Proportion" to the nearest whole percent. Round your final answer to decimal places.
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