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Troy Company uses 15,000 ires of direct materials input to produce two products, Product X and Product Y. Product X is the byproduct and Product
Troy Company uses 15,000 ires of direct materials input to produce two products, Product X and Product Y. Product X is the byproduct and Product Y is the main product. Product X sells for S4 per litre and Product Y sells for $50 per litre. The following information is for August: Beginning Ending Sales roduct X roduct Y Ths manufacturing costs totalled $15,000 How much is the ending inventory reduction for the byproduct if byproducts are recognized in the general ledger at the point of sale? 317,500 $1,500 $553 $16,000
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