The Berkel Corporation manufactures Widgets, Gizmos, and Turnbols from a joint process. June production is 10,000...
The Berkel Corporation manufactures Widgets, Gizmos, and Turnbols from a joint process. June production is 10,000 widgets; 13,500 gizmos; and 15,000 turnbols. Respective per unit selling prices at split-off are $95, $60, and $20. Joint costs up to the split-off point are $187,500. What amount of joint costs will be allocated to the Turnbols? (Do not round any intermediary calculations.)
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A) $27,306 |
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B) $17,066 |
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C) $73,726 |
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D) $86,468 |
Homework Answers
Total sales value = (10,000*95)+(13500*60)+(15000*20)
= 2,060,000
Amount of joint cost to be allocated to Turnbols
= (15000*20)/2,060,000 * 187,500
= 27,306
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The Berkel Corporation manufactures Widgets, Gizmos, and
Turnbols from a joint process. June production is 10,000...
The Berkel Corporation manufactures Widgets, Gizmos, and Turnbols from a joint process. June production is 10,000...
The Berkel Corporation manufactures Widgets, Gizmos, and Turnbols from a joint process. June production is 10,000 widgets; 13,500 gizmos; and 15,000 turnbols. Respective per unit selling prices at split-off are $95, $60, and $20. Joint costs up to the split-off point are $187,500. What amount of joint costs will be allocated to the Turnbols? (Do not round any intermediary calculations.) A) $27,306 B) $17,066 C) $73,726 D) $86,468
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