Question
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $198,000. Additional information
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $198,000. Additional information follows. If Processed Further Product Units Produced Sales Value at Split-Off Sales Values Additional Costs KA 84,000 $ 252,000 $ 310,000 $53,000 KB 58,800 220,500 290,000 45,000 KC 25,200 157,500 210,000 31,000 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 $53,000 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 $45,000 if processed further)? Required A Required B Complete this question by entering your answers in the tabs below. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA (including $53,000 if processed further)? (Do not round intermediate calculations.) Required A Required B Total cost of product KA
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