Answered step by step
Verified Expert Solution
Question
1 Approved Answer
yol A Bh Columbia Toy Products (BCSP) buys soy beans and processes them into other soy products Each tonne of say beam that DCP
yol A Bh Columbia Toy Products (BCSP) buys soy beans and processes them into other soy products Each tonne of say beam that DCP purchases for $200 can be converted for an additional $200 o 650 be of soy meat and of pound of soy meal can be said at spitefts $1.24, and soy oil can be sold in bulk for $45 p of sy cookies at an additional cost of $350 Each pound of sty cook can be sold for 1 packaged at a cost of $260 and made 320 quas of BCSP can Does the 650 Bayola Each quart of oyola Required 1. Allocate the jont cost to the cookies and the S Bales valu spiteff method b. NRV method 2. Should the company have processed each of the products further? What efect does the allocation method have on the decis CD Requirement 1a. Alocate the janit cost to the cookies and the Toyota using the sale value at spit method (found the weightings to the decimal places and joint cuts to the nearest do) Sales of total production at po Weighting Cookies Soy Soyola Soy Meal D Total Joint costs allocated Allocate the joint cost to the cookies and the Soyole using the net reatable value method ound the weighongs to the owl places and joint cits to the nearest dotar) Final sales value of a production Cookies Soyola Deduct separate costs Set realzable va Weighting
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