{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-19T00:08:04-04:00", "answer_date": "2024-09-19 00:08:04", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "11701247", "url": "\/study-help\/questions\/wp-corporation-produces-products-x-y-and-z-from-a-11701247", "question_creation_date_js": "2024-09-19T00:08:04-04:00", "question_creation_date": "Sep 19, 2024 12:08 AM", "meta_title": "[Solved] WP Corporation produces products X, Y, an | SolutionInn", "meta_description": "Answer of - WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted | SolutionInn", "meta_keywords": "wp,corporation,produces,products,x,y,z,single,raw,material,input,joint", "question_title_h1": "WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for the next month", "question_title": "WP Corporation produces products X, Y, and Z from a single raw", "question_title_for_js_snippet": "WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process Budgeted data for the next month is as follows Product X Product Y Product Z Units produced 1,800 2,300 3,300 Per unit sales value at split off $ 16 00 $ 19 00 $ 18 00 Added processing costs per unit $ 3 00 $ 5 00 $ 5 00 Per unit sales value if processed further $ 20 00 $ 20 00 $ 25 00 The cost of the joint raw material input is $71,000 Which of the products should be processed beyond the split off point Product X Product Y Product Z A) Yes Yes No B) Yes No Yes C) No Yes No D) No Yes Yes Multiple Choice Choice D Choice A Choice B Choice C", "question_description": "

WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for the next month is as follows:<\/p>

<\/p>
<\/td> Product X<\/td> Product Y<\/td> Product Z<\/td> <\/tr>
Units produced<\/td> <\/td> 1,800<\/td> <\/td> 2,300<\/td> <\/td> 3,300<\/td> <\/tr>
Per unit sales value at split-off<\/td> $<\/td> 16.00<\/td> $<\/td> 19.00<\/td> $<\/td> 18.00<\/td> <\/tr>
Added processing costs per unit<\/td> $<\/td> 3.00<\/td> $<\/td>

5.00<\/p> <\/td>

$<\/td> 5.00<\/td> <\/tr>
Per unit sales value if processed further<\/td> $<\/td> 20.00<\/td> $<\/td> 20.00<\/td> $<\/td> 25.00<\/td> <\/tr>
<\/td> <\/tr> <\/tbody> <\/table>

<\/p>

The cost of the joint raw material input is $71,000. Which of the products should be processed beyond the split-off point?<\/p>

<\/p>
<\/td> Product X<\/td> Product Y<\/td> Product Z<\/td> <\/tr>
A)<\/td> Yes<\/td> Yes<\/td> No<\/td> <\/tr>
B)<\/td> Yes<\/td> No<\/td> Yes<\/td> <\/tr>
C)<\/td> No<\/td> Yes<\/td> No<\/td> <\/tr>
D)<\/td> No<\/td> Yes<\/td> Yes<\/td> <\/tr>
<\/td> <\/tr> <\/tbody> <\/table>

<\/p>

Multiple Choice<\/p>

Choice D<\/p>

Choice A<\/p>

Choice B<\/p>

Choice C<\/p>", "transcribed_text": "", "related_book": { "title": "Intermediate Accounting", "isbn": "324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140", "edition": "16th Edition", "authors": "James D. Stice, Earl K. Stice, Fred Skousen", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/105.jpg", "uri": "\/textbooks\/intermediate-accounting-16th-edition-105", "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-19 00:08:04", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/horngrens-cost-accounting\/5-compare-and-contrast-general-and-specific-pricelevel-changes-2027241", "description": "5. Compare and contrast general and specific price-level changes.", "stars": 0 }, { "url": "\/1-what-human-resource-trends-described-in-this-chapter-are", "description": "1. What human resource trends described in this chapter are behind the situation faced by Jill McBride? 2. What advice to McBride would you add, beyond the recommendations given in this case?...", "stars": 3 }, { "url": "\/study-help\/questions\/wp-corporation-produces-products-x-y-and-z-from-a-11701247", "description": "WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for the next month is as follows: Product X Product Y Product Z Units...", "stars": 3 }, { "url": "\/study-help\/questions\/corporate-tax-liability-the-talley-corporation-had-taxable-operating-income-1890418", "description": "Corporate Tax Liability The Talley Corporation had taxable operating income of $420,000 (.e., earnings from operating revenues minus all operating costs). Talley also had (1) interest charges of...", "stars": 3 }, { "url": "\/study-help\/questions\/abc-factory-produces-24000-units-the-cost-sheet-gives-the-1173046", "description": "ABC factory produces 24,000 units. The cost sheet gives the following information: Direct Materials Rs. 1,20,000 Direct Labour Rs. 84,000 Variable overheads Rs. 48,000 Semi variable overheads Rs....", "stars": 3 }, { "url": "\/study-help\/questions\/jayson-walker-is-a-member-of-a-consumer-driven-5371081", "description": "Jayson Walker is a member of a consumer - driven health plan ( CDHP ) that is funded by a health savings account ( HSA ) established by his employer, Brock Industries. Brock's CDHP also uses a high -...", "stars": 3 }, { "url": "\/study-help\/questions\/part-of-glos-strategic-plan-is-to-capture-market-segments-1172429", "description": "Part of Glo's strategic plan is to capture market segments that are traditionally underserved. Glo's management believes that the market for men's care products is underserved and would be an...", "stars": 3 }, { "url": "\/study-help\/questions\/michael-is-providing-care-to-anthea-a-greek-woman-who-3357030", "description": "Michael is providing care to Anthea a Greek woman who has always attended a religious group. Anthea has been making large donations to the group. This group has strong right to life views and is...", "stars": 3 }, { "url": "\/study-help\/questions\/a-company-uses-dynamics-365-supply-chain-management-for-its-5072761", "description": "A company uses Dynamics 365 Supply Chain Management for its warehouse operations. The company must put tolerances on over- and under-receiving of purchase order lines. The Landed cost module is not...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/33during-2021-farewell-inc-had-500000-shares-of-common-stock-11701246", "next": "\/study-help\/questions\/the-following-ledger-accounts-are-used-by-the-heartland-race-11701248" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "WP Corporation produces products X, Y, and Z from a single raw", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/wp-corporation-produces-products-x-y-and-z-from-a-11701247" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } "1" } }