Please also explain how you got
the numbers, thanks!
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Please also explain how you got
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Exercise 11-37 Net Realizable Value Method (LO...
Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August,...
Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August, the costs to process P-1 are $165,000 for materials and $330,000 for conversion costs. P-11 has a sales value of $648,000 and P-12 has a sales value of $162,000. Required: Using the net realizable value method, assign costs to P-11 and P-12 for August. (Do not round intermediate calculations.) Cost Assigned P-11 P-12
Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August,...
Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August, the costs to process P-1 are $165,000 for materials and $300,000 for conversion costs. P-11 has a sales value of $672,000 and P-12 has a sales value of $168,000. Required: Using the net realizable value method, assign costs to P-11 and P-12 for August. (Do not round intermediate calculations.) Cost Assigned P-11 P-12
Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August,...
Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August, the costs to process P-1 are $140,000 for materials and $300,000 for conversion costs. P-11 has a sales value of $640,000 and P-12 has a sales value of $160,000. Required: Using the net realizable value method, assign costs to P-11 and P-12 for August.
Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August,...
Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August, the costs to process P-1 are $140,000 for materials and $320,000 for conversion costs. P-11 has a sales value of $712,000 and P-12 has a sales value of $178,000. Required Using the net realizable value method, assign costs to P-11 and P-12 for August. (Do not round intermediate calculations.) P-11 P-12
player.meducation.com Homepage - DSC-304-04-05 Production Connect -Class: Noland ACC 308 Fall 2019 MHE Reader a A...
player.meducation.com Homepage - DSC-304-04-05 Production Connect -Class: Noland ACC 308 Fall 2019 MHE Reader a A 6 Euclid Corporation processes a patented chemical, P-I, and produces two outputs, P.11 and 12. In August, the costs to process PI are $144,000 for materials and $288.000 for conversion costs. P-11 has a sales value of $640,000 and P-12 has a sales value of $160,000. Required Using the net realizable value method, assign costs to P11 and P-12 for August. 11-44. Estimated Net...
Please also show how you got each number! Thanks Problem 11-54 Cost Allocation: Step and Reciprocal...
Please also show how you got
each number! Thanks
Problem 11-54 Cost Allocation: Step and Reciprocal Methods (LO 11-3, 4) Great Eastern Credit Union (GECU) has two operating departments (Branches and Electronic) and three service departments (Processing, Administration, and Maintenance). During July, the following costs and service department usage ratios were recorded: Using Department Maintenance Processing Administration 50% Supplying Department Processing Administration Maintenance Direct cost 0 Branches 10% 60% 20% $4,400,000 Electronic 40% 40% 50% $1,700,000 15% $84,000 15% $540,000...
Exercise 11-53 (Algo) Physical Quantities Method with By-Product (LO 11-8, 10) Trans-Pacific Lumber runs a mill...
Exercise 11-53 (Algo) Physical Quantities Method with By-Product (LO 11-8, 10) Trans-Pacific Lumber runs a mill in the Northwest that produces two grades of lumber, A and B, and a by-product, sawdust. The company chooses to allocate the costs on the basis of the physical quantities method. Last month, it processed 129,000 logs at a total cost of $354,000. The output of the process consisted of 34,400 units of grade A, 51,400 units of grade B, and 15,400 units of...
Exercise 11-53 (Algo) Physical Quantities Method with By-Product (LO 11-8, 10) Trans-Pacific Lumber runs a mill...
Exercise 11-53 (Algo) Physical Quantities Method with By-Product (LO 11-8, 10) Trans-Pacific Lumber runs a mill in the Northwest that produces two grades of lumber. A and B, and a by-product, sawdust. The company chooses to allocate the costs on the basis of the physical quantities method. Last month, it processed 129,000 logs at a total cost of $354,000. The output of the process consisted of 34.400 units of grade A 51.400 units of grade B, and 15.400 units of...
Please explain what math was done to get 300 and 400. Also explain how they got...
Please explain what math was done to get 300 and 400. Also
explain how they got 8,820 and 180 please. I circled the parts I'm
confused about. Thanks!
Dec 10 Dec 11 Dec 12 Dec 19 Carrington Company purchased $10,000 of merchandise from Dansit Company FOB shipping point, terms 2/10, n/30 (cost of goods is $4,000) Carrington pays the freight costs of $200 Damaged goods totaling $1,000 are returned to Dansit for credit; the scrap value of these goods is...
eBook Physical Units Method, Relative Sales-Value-at -Split-off Method, Net Realizable Value Method, Decision Making Sonimad Sawmill,...
eBook Physical Units Method, Relative Sales-Value-at -Split-off Method, Net Realizable Value Method, Decision Making Sonimad Sawmill, Inc. (SSI), purchases lags from independent timber contractors and processes them into the following thr 2. Decorative pieces (e.g., fireplace mantels and beams for cathedral ceilings) 3. Posts used as support braces (e.a., mine support braces and braces for exterior fences around ranch properties) These products are the result of a joint sawmill process that involves removing bark from the logs, cutting the logs...
Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August, the costs to process P-1 are $165,000 for materials and $300,000 for conversion costs. P-11 has a sales value of $672,000 and P-12 has a sales value of $168,000. Required: Using the net realizable value method, assign costs to P-11 and P-12 for August. (Do not round intermediate calculations.) Cost Assigned P-11 P-12
player.meducation.com Homepage - DSC-304-04-05 Production Connect -Class: Noland ACC 308 Fall 2019 MHE Reader a A 6 Euclid Corporation processes a patented chemical, P-I, and produces two outputs, P.11 and 12. In August, the costs to process PI are $144,000 for materials and $288.000 for conversion costs. P-11 has a sales value of $640,000 and P-12 has a sales value of $160,000. Required Using the net realizable value method, assign costs to P11 and P-12 for August. 11-44. Estimated Net...
Please also show how you got
each number! Thanks
Problem 11-54 Cost Allocation: Step and Reciprocal Methods (LO 11-3, 4) Great Eastern Credit Union (GECU) has two operating departments (Branches and Electronic) and three service departments (Processing, Administration, and Maintenance). During July, the following costs and service department usage ratios were recorded: Using Department Maintenance Processing Administration 50% Supplying Department Processing Administration Maintenance Direct cost 0 Branches 10% 60% 20% $4,400,000 Electronic 40% 40% 50% $1,700,000 15% $84,000 15% $540,000...
Exercise 11-53 (Algo) Physical Quantities Method with By-Product (LO 11-8, 10) Trans-Pacific Lumber runs a mill in the Northwest that produces two grades of lumber, A and B, and a by-product, sawdust. The company chooses to allocate the costs on the basis of the physical quantities method. Last month, it processed 129,000 logs at a total cost of $354,000. The output of the process consisted of 34,400 units of grade A, 51,400 units of grade B, and 15,400 units of...
Exercise 11-53 (Algo) Physical Quantities Method with By-Product (LO 11-8, 10) Trans-Pacific Lumber runs a mill in the Northwest that produces two grades of lumber. A and B, and a by-product, sawdust. The company chooses to allocate the costs on the basis of the physical quantities method. Last month, it processed 129,000 logs at a total cost of $354,000. The output of the process consisted of 34.400 units of grade A 51.400 units of grade B, and 15.400 units of...
Please explain what math was done to get 300 and 400. Also
explain how they got 8,820 and 180 please. I circled the parts I'm
confused about. Thanks!
Dec 10 Dec 11 Dec 12 Dec 19 Carrington Company purchased $10,000 of merchandise from Dansit Company FOB shipping point, terms 2/10, n/30 (cost of goods is $4,000) Carrington pays the freight costs of $200 Damaged goods totaling $1,000 are returned to Dansit for credit; the scrap value of these goods is...
eBook Physical Units Method, Relative Sales-Value-at -Split-off Method, Net Realizable Value Method, Decision Making Sonimad Sawmill, Inc. (SSI), purchases lags from independent timber contractors and processes them into the following thr 2. Decorative pieces (e.g., fireplace mantels and beams for cathedral ceilings) 3. Posts used as support braces (e.a., mine support braces and braces for exterior fences around ranch properties) These products are the result of a joint sawmill process that involves removing bark from the logs, cutting the logs...
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