Question
Split Corporation manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products based on relative sales value
Split Corporation manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products based on relative sales value of the products at the split-off point. Additional information is as follows: Units produced Allocated joint costs Sales value at split-off Additional costs for further processing Sales value if processed further Product X's sales value at the split-off point is: 300,000 56,000 334,000 Total 81,000 $ 488,180 X 31,000 x 27,000 23,000 $ 103,180 $ 154,000 $ 231,000 2 89,000 773,000 200,000 81,000 406,000 634,000 226,000 1,513,000 Multiple Choice $100,000 $29,000 $134,000 < Prev 3 of 18 Next >
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