Two products, Oland VH, emerge from a joint process. Product Qi has been allocated $12,300 of the total Joint costs of $33.000. A total of 1,900 units of product Ol are produced from the joint process. Product Ol can be sold at the spilt-off point for $13 per unit, or It can be processed further for an additional total cost of $11,000 and then sold for $15 per unit. If product Q ls processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?
Multiple Choice
$18,000
$7,200
$17,500
$5,100
Two products, Oland VH, emerge from a joint process. Product Qi has been allocated $12,300 of the total Joint costs of $33.000
20. Two products, QI and VH, emerge from a joint process. Product QI has been allocated $30,300 of the total joint costs of $51,000. A total of 2,500 units of product QI are produced from the joint process. Product QI can be sold at the split-off point for $14 per unit, or it can be processed further for an additional total cost of $10,500 and then sold for $16 per unit. If product QI is processed further and sold, what...
Two products, QI and VH, emerge from a joint process. Product QI has been allocated $35,300 of the total joint costs of $56,000. A total of 3,000 units of product QI are produced from the joint process. Product QI can be sold at the split-off point for $12 per unit, or it can be processed further for an additional total cost of $11,000 and then sold for $14 per unit. If product QI is processed further and sold, what would...
Two products, QI and VH, emerge from a joint process. Product QI has been allocated $9,600 of the total joint costs of $12,000. A total of 9,000 units of product QI are produced from the joint process. Product QI can be sold at the split-off point for $13 per unit, or it can be processed further for an additional total cost of $54,000 and then sold for $18 per unit. If product QI is processed further and sold, what would...
Two products, QI and VH, emerge from a joint process. Product Ql has been allocated $29,300 of the total joint costs of $50,000. A total of 2,400 units of product QI are produced from the joint process. Product QI can be sold at the split-off point for $13 per unit, or it can be processed further for an additional total cost of $10,400 and then sold for $15 per unit. If product QI is processed further and sold, what would...
Two products, LB and NH, emerge from a joint process. Product LB has been allocated $14,300 of the total joint costs of $35,000. A total of 2,100 units of product LB are produced from the joint process. Product LB can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,100 and then sold for $13 per unit. If product LB is processed further and sold, what would...
Two products, LB and NH, emerge from a joint process. Product LB has been allocated $14,300 of the total joint costs of $35,000. A total of 2,100 units of product LB are produced from the joint process. Product LB can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,100 and then sold for $13 per unit. If product LB is processed further and sold, what would...
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...
Sunnyside Sawmill manufactures two lumber products from a joint milling process. The two products developed are: 1) mine support braces (MSB) and2)unseasoned commercial building lumber (CBL). A standard production run incurs joint costs of $300,000 and results in 60,000 units of MSB and 90,000 units of CBL. Each unprocessed unit of MSB sells for $2.00 per unit and each unprocessed unit of CBL sells for $4.00 per unit.If the CBL is processed further at a cost of $200,000, it can...
1. Part U16 is used by Mcvean Corporation to make one of its products. A total of 18,000 units of this part are produced and used every year. The company's Accounting Department reports the following costs of producing the part at this level of activity: Per Unit Direct materials $ 3.90 Direct labor $ 8.50 Variable manufacturing overhead $ 9.00 Supervisor's salary $ 4.40 Depreciation of special equipment $ 2.80 Allocated general overhead $ 8.00 An outside supplier has offered...
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $390,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Product A B C Selling Price $ 28.00 per pound $ 22.00 per pound $ 34.00...