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Atkinson, Inc., manufactures products A Band from a common process. Joint costs were $88,200. Additional information...
Cambridge Company manufactures three main products, L, M, and N, from a joint process. Additional information...
Cambridge Company manufactures three main products, L, M, and N, from a joint process. Additional information for June production activity follows: L M N Total Units produced 60,200 46,000 11,800 118,000 Joint costs ? ? ? $ 456,000 Sales value at split-off $ 426,000 $ 276,000 $ 66,000 $ 768,000 Additional costs if process further $ 94,000 $ 36,000 $ 18,000 $ 148,000 Sale value if processed further $ 544,000 $ 326,000 $ 84,000 $ 954,000 Assuming that the 11,800...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $198,000. Additional information follows. Units Product Produced KA 83,000 58,100 KC 24,900 If Processed Further Sales Value at Split-off Sales Values Additional Costs $272,000 $320,000 $54,000 238,000 280,000 42,000 170,000 220,000 33,000 KB Required A Required B Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product...
Cambridge Company manufactures three main products, L, M, and N, from a joint process. Additional information...
Cambridge Company manufactures three main products, L, M, and N, from a joint process. Additional information for June production activity follows: M 67,000 50,000 Units produced Joint costs Sales value at split-off Additional costs if process further Sale value if processed further N 13,000 ? $70,000 $22,000 $88,000 Total 130,000 $ 460,000 $ 780,000 $160,000 $966,000 $430,000 $ 98,000 $548,000 $280,000 $ 40,000 $330,000 Assuming that the 13,000 units of N were processed further and sold for $88,000, what was...
Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs are...
Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products based on relative sales value of the products at the split-off point. Additional information is as follows: X Y Z Total Units produced 15,000 11,000 7,000 33,000 Allocated joint costs $ 172,020 $ 109,800 $ 85,400 $ 367,220 Sales value at split-off ? 180,000 140,000 602,000 Additional costs for further processing 41,000 33,000 24,000 98,000 Sales value if processed further 373,000...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $189,000. Additional information follows. Units Product Produced 84,000 KB 60,000 KC 24,000 If Processed Further Sales Additional Values Costs $330,000 $54,000 270,000 42,000 240,000 30,000 Sales Value at Split-Off $ 240,000 210,000 150,000 KA Required: a. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA...
Profit from Processing Further Deaton Corporation manufactures products A, B, and from a joint process. Joint...
Profit from Processing Further Deaton Corporation manufactures products A, B, and from a joint process. Joint costs are allocated on the basis of relative sales value of the products at the split-off point. Additional information for Deaton Corporation follows: Total Units produced 12,000 8,000 4,000 24,000 Joint costs $144,000 $60,000 $36,000 $240,000 Sales value before additional processing 240,000 100,000 60,000 400,000 Additional costs for further processing 28,000 20,000 12,000 60,000 Sales value if processed further 280,000 120,000 70,000 470,000 ....
Posh Pillows manufactures two products, pillows and cushions, from a joint process. Pillows are allocated $7,100...
Posh Pillows manufactures two products, pillows and cushions, from a joint process. Pillows are allocated $7,100 of the total joint costs of $25,000. There are 2,600 pillows produced and 2,600 cushions produced each year. Pillows can be sold at the split-off point for $10 per unit, or they can be processed further into a deluxe pillow for additional processing costs of $8.500 and sold for $18 for each deluxe pillow. If the pillows are processed further and made into deluxe...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $197,000. Additional information follows: If Processed Further Product Units Produced Sales Value at Split-Off Sales Values Additional Costs KA 83,000 $ 272,000 $ 320,000 $ 53,000 KB 58,100 238,000 260,000 43,000 KC 24,900 170,000 220,000 31,000 If Processed Further Product Units Produced Sales Value at Split-Off Sales Values Additional Costs KA 83,000 $ 272,000 $ 320,000 $ 53,000...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $197.000. Additional information follows. Units Sales Value at Product Produced Split-Off KA 82,500 $ 256,eee 57,750 224,000 24,750 160,000 If Processed Further Sales Additional Values Costs $350, eee $49, eee 290,00 44, 230,000 32,000 Required: a. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA...
Pet Products Inc. manufactures two products, cat bowls and dog bowls, from a joint process. Cat...
Pet Products Inc. manufactures two products, cat bowls and dog bowls, from a joint process. Cat bowls are allocated 50% of the total joint costs of $20000. There are 1,000 cat bowls produced and 1,000 dog bowls produced each year. Cat Bowls can be sold at the split-off point for $12 per unit, or they can be processed further into an extra fancy cat bowl for additional processing costs of $4919 and sold for $15 each. What is the difference...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $198,000. Additional information follows. Units Product Produced KA 83,000 58,100 KC 24,900 If Processed Further Sales Value at Split-off Sales Values Additional Costs $272,000 $320,000 $54,000 238,000 280,000 42,000 170,000 220,000 33,000 KB Required A Required B Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product...
Cambridge Company manufactures three main products, L, M, and N, from a joint process. Additional information for June production activity follows: M 67,000 50,000 Units produced Joint costs Sales value at split-off Additional costs if process further Sale value if processed further N 13,000 ? $70,000 $22,000 $88,000 Total 130,000 $ 460,000 $ 780,000 $160,000 $966,000 $430,000 $ 98,000 $548,000 $280,000 $ 40,000 $330,000 Assuming that the 13,000 units of N were processed further and sold for $88,000, what was...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $189,000. Additional information follows. Units Product Produced 84,000 KB 60,000 KC 24,000 If Processed Further Sales Additional Values Costs $330,000 $54,000 270,000 42,000 240,000 30,000 Sales Value at Split-Off $ 240,000 210,000 150,000 KA Required: a. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA...
Profit from Processing Further Deaton Corporation manufactures products A, B, and from a joint process. Joint costs are allocated on the basis of relative sales value of the products at the split-off point. Additional information for Deaton Corporation follows: Total Units produced 12,000 8,000 4,000 24,000 Joint costs $144,000 $60,000 $36,000 $240,000 Sales value before additional processing 240,000 100,000 60,000 400,000 Additional costs for further processing 28,000 20,000 12,000 60,000 Sales value if processed further 280,000 120,000 70,000 470,000 ....
Posh Pillows manufactures two products, pillows and cushions, from a joint process. Pillows are allocated $7,100 of the total joint costs of $25,000. There are 2,600 pillows produced and 2,600 cushions produced each year. Pillows can be sold at the split-off point for $10 per unit, or they can be processed further into a deluxe pillow for additional processing costs of $8.500 and sold for $18 for each deluxe pillow. If the pillows are processed further and made into deluxe...
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $197.000. Additional information follows. Units Sales Value at Product Produced Split-Off KA 82,500 $ 256,eee 57,750 224,000 24,750 160,000 If Processed Further Sales Additional Values Costs $350, eee $49, eee 290,00 44, 230,000 32,000 Required: a. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA...
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