Gary's Grooves produces two carvings, me prodhime por thekerd. These were the produto process that wives...

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Garys Grooves produces two carvings, me prodhime por thekerd. These were the produto process that wives are removed from the

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Answer 1

Answer #1

Answer :-

Production of Red oak handle carving knife = 344

Production of Walnut handle carving knife = 172

Weighted Average Units = (344*2) +(172*1)

Weighted Average Units = 688 + 172

Weighted Average Units = 860

Joint cost allocated to Red oak handle carving knife = ($5,000/860)*688 = $4,000

Joint cost allocated to Walnut handle carving knife = ($5,000/860)*172 = $1,000

Total = $4,000 + $1,000 = $5,000

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Answer 2

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oint Cost Allocation—Weighted Average Method Gary’s Grooves Co. produces two types of carving knives, one with...

Joint Cost Allocation—Weighted Average Method Gary’s Grooves Co. produces two types of carving knives, one with...

3. Support Department Cost Allocation—Reciprocal Services Method Brewster Toymakers Inc. produces toys for children. The toys...

Gary's Grooves produces two carvings, me prodhime por thekerd. These were the produto process that wives...

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Add Answer to: Gary's Grooves produces two carvings, me prodhime por thekerd. These were the produto process that wives...

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oint Cost Allocation—Weighted Average Method Gary’s Grooves Co. produces two types of carving knives, one with...

Joint Cost Allocation—Weighted Average Method Gary’s Grooves Co. produces two types of carving knives, one with...

3. Support Department Cost Allocation—Reciprocal Services Method Brewster Toymakers Inc. produces toys for children. The toys...

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Gary's Grooves produces two carvings, me prodhime por thekerd. These were the produto process that wives...