FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The products A, B and C are manufactured in the production of A-B-C AG. The by-products X and Y are also created in each production

The products A, B and C are manufactured in the production of A-B-C AG. The by-products X and Y are also created in each production step. The total production costs per production step total 115. The products have different market values, which are shown in the table below:

Product Product Type Market Price A main 40 B main 75 C Main 55 X Next 20 Y addition 15

Determine the manufacturing costs using the market value method.

a)The manufacturing costs for product A are ?

b)The manufacturing costs for product B are ?

c)The manufacturing costs for product C are ?

d)The manufacturing costs for product X are ?

e)The manufacturing costs for product Y are ?

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

Financial Accounting

Financial Accounting

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thomas, W. Morley Lemon, Catherine Seguin, Sandra Robertson Lemon

4th Canadian Edition

0131384333, 9780131384330

More Books

Students also viewed these Accounting questions

Question

★★★★★
Volcanoes are classified as active, dormant, or extinct. If they have erupted during the last 50 years, they are clearly classified as active. On what bases are dormant or extinct volcanoes...

Answered: 1 week ago

Question

★★★★★
Use the change-of-base theorem to find an approximation to four decimal places for each logarithm. log e

Answered: 1 week ago

Question

★★★★★
1. When I study for a test, I try to put together the information from class and from the book.

Answered: 1 week ago

Question

★★★★★
Micro Technology is considering two alternative proposals for modernizing its production facilities. To provide a basis for selection, the cost accounting department has developed the following data...

Answered: 1 week ago

Question

★★★★★
do both problem in pulython Problem Five Use Python to show a tautology and a contradiction. Hint: for tautology: for p in (True, False): print(p,p or not p) for contradiction: substitute OR for AND...

Answered: 1 week ago

Question

★★★★★
Average total cost equals a. Total cost divided by output. b. Total cost minus total variable cost. c. Average total cost plus average variable cost. d. Total fixed cost minus total variable cost. e

Answered: 1 week ago

Question

★★★★★
Maximizing Firm Value: A Realistic Example The Ricardo-Trans Am Corporation has currently no debt in its capital structure. Its Beta is 1. The risk free rate is 6 percent and the market risk premium...

Answered: 1 week ago

Question

★★★★★
Investigate and report (5 pages) on an organisation's method of allocating electricity costs. You can use any organisation with which you are familiar. Consider the following: Does the organisation...

Answered: 1 week ago

Question

★★★★★
As a principal designer for GE Healthcare, Doug had been designing diagnostic imaging equipment for more than 20 years when he realized that young patients' actual experience of this cutting -- edge...

Answered: 1 week ago

Question

★★★★★
The coronavirus pandemic has disrupted everyday life in so many ways. Not only our personal lives, but our work and school lives as well. As businesses begin to re-open, there have been several...

Answered: 1 week ago

Question

★★★★★
The goal of this competency was to explore how motivation and engagement contribute to the successes and challenges of an organization. We discussed strategies for fostering motivation and engagement...

Answered: 1 week ago

Question

★★★★★
c. On the basis of these two continua, determine Oprah Winfreys communication style. d. In your opinion, does Oprah Winfrey display style flexibility?

Answered: 1 week ago

Question

★★★★★
1. During the next week, study the listening habits of students in another class in which you are enrolled. Keep a journal of your observations by identifying the nonverbal behaviors you witness. Are...

Answered: 1 week ago

Question

★★★★★
a. On the dominance continuum, place a mark where you feel she belongs.

Answered: 1 week ago

Previous Question Next Question