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The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process Joint product costs were $195,000. Additional information
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process Joint product costs were $195,000. Additional information follows. If Processed Further Additional Costs $46,000 Units Sales Value at Product Produced Split-Off Sales Values KA 82,500 $240,000 KB 57,750 210,000 $350,000 290,000 42,000 KC 24,750 150,000 230,000 33,000 Required: a. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA (including $46,000 if processed further)? b. Assuming that joint product costs are allocated using the sales value at split-off (net realizable value method), what was the total cost of product KB (including the $42,000 if processed further)? Complete this question by entering your answers in the tabs below. Required A Required 8 Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA (including $46,000 if processed further)? (Do not round intermediate calculations.)) Total cost of product KA
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