Question
Walter White's company buys pounds of standard flower and refines each bag to three cups of product a and nine cups of product too. In
Walter White's company buys pounds of standard flower and refines each bag to three cups of product a and nine cups of product too. In December 2022 Walter White bought 12,000 bags the flower 4 $85,000 and spends another $48,900 on the refining process. Product 1A can be sold for $3.60 per cup and the process yields half Cup a product 1B for every 1 Cup of product a use product 1B sells for $9.60 per Cup. Allocate the joint cost to product 1B and product 2P2
Do not round intermediate calculations round your final response to nearest whole dollar
physical measure method
2 product 1B
To product 2
sales value at cut off method
net realizable value method
constant gross margin percentage NRV method
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started