Question
would like help understanding how to calculate the attached. Exercise 17-20 Physical-Units Method; Joint Cost Allocation (LO 17-4) Breakfasttime Cereal Company manufactures two breakfast cereals
would like help understanding how to calculate the attached.
Exercise 17-20 Physical-Units Method; Joint Cost Allocation (LO 17-4) Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows: Joint Cost $37,000 Required: Cereal Yummies Crummies Quantity at SplitOff Point 22, 400 kilograms 9, 600 kilograms Sales Price per Kilogram $2.90 3.40 Use the physical-units method to allocate the company's Joint production cost between Yummies and Crummies. (Do not round intermediate calculations.) Allocation Of JOin Cost Yummies Crummies
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