Great Falls Company makes two products. Wool Gloves and Wool Mittens. They are initial processed from...
Great Falls Company makes two products, Wool Gloves and Wool Mittens. They are initially processed from the same raw material and then, after split-off, further processed separately. Additional information is as follows: Gloves Mittens Total Final Sales Price $ 13,200 $ 10,620 $ 23,820 Joint Costs Prior to Split-Off Point ? ? $ 9,012 Costs Beyond Split-Off Point $ 4,400 $ 4,400 $ 8,800 What are the joint costs allocated to Gloves and Mittens assuming Great Falls uses the estimated...
TB Problem Qu. 12-203 lbsen Company makes two products from a common... lbsen Company makes two products from a common input. Joint processing costs up to the split-off point total $46,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below Total $ 46,000 $ 50,000 $42,900 $ 96,500...
TB Problem Qu. 12-203 Ibsen Company makes two products from a common ... Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $40,500 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Allocated joint processing costs Sales value at...
laci Company makes two products from a common input. Joint processing costs up to the split-off point total $51,200 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product X Product YTotal Allocated joint processing costs Sales value at split-off point Costs of further processing Sales value after...
Victoria Contreras Company makes two products from a common input. Joint processing costs up to the split- off point total $48,600 a year. The company allocates these c0sts to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data conceming these products appear below: Total Product Y 29,800 37,800 17,600 Product X 48,600 63,650 18,800 Allocated joint processing costs Sales vale at...
Iaci Company makes two products from a common input. Joint processing costs up to the split-off point total $53,700 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product X Product Y Total Allocated joint processing costs $ 20,400 $ 33,300 $ 53,700 Sales value at split-off point...
Question 4 (Total: 26 marks) Cows Creamery Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Total Allocated Joint processing costs Sales value at split-off point Costs of further...
Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $47,500 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product X Product Y Total Allocated joint processing costs $ 28,500 $ 19,000 $ 47,500 Sales value at split-off point...
Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $45,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Allocated joint processing costs Sales value at split-off point Costs of further processing Sales value after further processing Product X...
Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $40,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Allocated joint processing costs Sales value at split-off point Costs of further processing Sales value after further processing Product x...