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write answers in text please vepar LCHES VAI MANUActing A rusty $712,000 0 Cost of Alpha-11 Direct labor Manufacturing overhead $345,000 172,000 150,000 165,000 Products
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vepar LCHES VAI MANUActing A rusty $712,000 0 Cost of Alpha-11 Direct labor Manufacturing overhead $345,000 172,000 150,000 165,000 Products Beta-1 Beta-2 Beta-3. Gallons sold 182,000 364,000 546,000 Gallons on hand at year-end Sales 126,000 0 $819,000 $2,184,000 182,000 $3,276,000 Davenport had no beginning inventories on hand at December 1 and no Alpha-11 on hand at the end of the year on November 30. All gallons on hand on November 30 were complete as to processing. Davenport uses the net realizable value method to allocate joint costs. Required: Compute the following: a. The net realizable value of Beta-1 for the year ended November 30. b. The joint costs for the year ended November 30 to be allocated. c. The cost of Beta-2 sold for the year ended November 30. (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) d. The value of the ending inventory for Beta-1. (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) a. Net realizable value of Beta-1 b. Joint costs C. Cost of Beta-2 sold d. Ending inventory for Beta-1 PD aryany 0 $488,000 407,000 vepar LCHES VAI MANUActing A rusty $712,000 0 Cost of Alpha-11 Direct labor Manufacturing overhead $345,000 172,000 150,000 165,000 Products Beta-1 Beta-2 Beta-3. Gallons sold 182,000 364,000 546,000 Gallons on hand at year-end Sales 126,000 0 $819,000 $2,184,000 182,000 $3,276,000 Davenport had no beginning inventories on hand at December 1 and no Alpha-11 on hand at the end of the year on November 30. All gallons on hand on November 30 were complete as to processing. Davenport uses the net realizable value method to allocate joint costs. Required: Compute the following: a. The net realizable value of Beta-1 for the year ended November 30. b. The joint costs for the year ended November 30 to be allocated. c. The cost of Beta-2 sold for the year ended November 30. (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) d. The value of the ending inventory for Beta-1. (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) a. Net realizable value of Beta-1 b. Joint costs C. Cost of Beta-2 sold d. Ending inventory for Beta-1 PD aryany 0 $488,000 407,000 Step by Step Solution
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