Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

the icon to view more information about Cocoa Butter.) Production and sales data for August at (1) (Click the icon to view the data.) Required

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
the icon to view more information about Cocoa Butter.) Production and sales data for August at (1) (Click the icon to view the data.) Required More info - Cocoa beans processed, 18,000 pounds - Costs of processing cocoa beans to splitoff point (including purchase of beans), $45,000 Cocoa Butter Edibles Factory fully processes both of its intermediate products into chocolate powder or milk chocolate. There is an active market for these intermediate products. In August, Cocoa Butter Edibles Factory could have sold the chocolate-powder liquor base for $25 a gallon and the milk-chocolate liquor base for $150 a gallon. More info It purchases cocoa beans and processes them into two intermediate products: chocolate-powder liquor base and milk-chocolate liquor base. These two intermediate products become separately identifiable at a single splitoff point. Every 500 pounds of cocoa beans yields 20 gallons of chocolate-powder liquor base and 30 gallons of milk-chocolate liquor base. The chocolate-powder liquor base is further processed into chocolate powder. Every 20 gallons of chocolate-powder liquor base yield 630 pounds of chocolate powder. The milk-chocolate liquor base is further processed into milk chocolate. Every 30 gallons of milk-chocolate liquor base yield 1,050 pounds of milk chocolate. b. Allocate the joint costs using the physical measure method. Begin by entering the appropriate amounts to allocote the joint costs. (Round the weighting amounts to four decin c. Alocate the joint costs using the net realizable value mothod. Begin by entering the appropriate amounts to allocate the joint costs. (Round the weighting amounts to four de the joint costs allocated to the nearest whole dollar.) c. Allocote the joint costs using the net realizable value method. Begin by entering the approperate amounts to alocote the foint costs (Round the weighting amounts b four decimal places. Round the joint costs allocated to the nearest whole dollar) Round all other calculations to the nearest whole dollar) (Use parantheses of a minus sign when entering decreating amounts.) Begin by determining the formuta to compule the increasel(decrease) in operatng income, and then enter the approprale anounts Requirement 3. Could Cocos Butter Edibles Factory have incieased its operating income by a change in its decision to fuly process both of its intermediste products? Show your cornouators. (Use parentheses or a minus sign when entering decreasing amounts) Begin by determining the formula to compute the increase/(decrease) in operating income, and then enter the appropriate amounts. Cocoa Butter Edibles Factory could increase operating income if chocolate-powder liquor base is and if mikchocolate leqor base is the icon to view more information about Cocoa Butter.) Production and sales data for August at (1) (Click the icon to view the data.) Required More info - Cocoa beans processed, 18,000 pounds - Costs of processing cocoa beans to splitoff point (including purchase of beans), $45,000 Cocoa Butter Edibles Factory fully processes both of its intermediate products into chocolate powder or milk chocolate. There is an active market for these intermediate products. In August, Cocoa Butter Edibles Factory could have sold the chocolate-powder liquor base for $25 a gallon and the milk-chocolate liquor base for $150 a gallon. More info It purchases cocoa beans and processes them into two intermediate products: chocolate-powder liquor base and milk-chocolate liquor base. These two intermediate products become separately identifiable at a single splitoff point. Every 500 pounds of cocoa beans yields 20 gallons of chocolate-powder liquor base and 30 gallons of milk-chocolate liquor base. The chocolate-powder liquor base is further processed into chocolate powder. Every 20 gallons of chocolate-powder liquor base yield 630 pounds of chocolate powder. The milk-chocolate liquor base is further processed into milk chocolate. Every 30 gallons of milk-chocolate liquor base yield 1,050 pounds of milk chocolate. b. Allocate the joint costs using the physical measure method. Begin by entering the appropriate amounts to allocote the joint costs. (Round the weighting amounts to four decin c. Alocate the joint costs using the net realizable value mothod. Begin by entering the appropriate amounts to allocate the joint costs. (Round the weighting amounts to four de the joint costs allocated to the nearest whole dollar.) c. Allocote the joint costs using the net realizable value method. Begin by entering the approperate amounts to alocote the foint costs (Round the weighting amounts b four decimal places. Round the joint costs allocated to the nearest whole dollar) Round all other calculations to the nearest whole dollar) (Use parantheses of a minus sign when entering decreating amounts.) Begin by determining the formuta to compule the increasel(decrease) in operatng income, and then enter the approprale anounts Requirement 3. Could Cocos Butter Edibles Factory have incieased its operating income by a change in its decision to fuly process both of its intermediste products? Show your cornouators. (Use parentheses or a minus sign when entering decreasing amounts) Begin by determining the formula to compute the increase/(decrease) in operating income, and then enter the appropriate amounts. Cocoa Butter Edibles Factory could increase operating income if chocolate-powder liquor base is and if mikchocolate leqor base is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Health Economics And Financing

Authors: Thomas E. Getzen, Michael S. Kobernick

6th Edition

1119815681, 9781119815686

More Books

Students also viewed these Accounting questions

Question

Who is Greensburg GreenTown's "customer"?

Answered: 1 week ago