Tricycle Ltd produces three joint products, A, B and C. These products become identifiable after the first process but are processed further before being sold.
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Tricycle Ltd produces three joint products, A, B and C. These products become identifiable after the first process but are processed further before being sold.
Question 3 Tricycle Ltd produces three joint products, A, B and C. These products become identifiable...
Question 3 Tricycle Ltd produces three joint products, A, B and C. These products become identifiable after the first process but are processed further before being sold. One ton of material input to the first process produces 300 units of A, 150 units of B and 50 units of C. Monthly costs and selling prices at a normal capacity level of 30 tons input are as follows: First process Fixed Variable per ton of input 10 000 2 400 Additional...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of the process liquids and chemicals costing $30,800 are heated and three different compounds emerge: 3.000 gallons of Molecue worth $22 per gallon are created from the steam; 10,000 gallons of Borphue worth $15 are drained from the tank, and 1,000 gallons of the tank residue, labeled as Polygard, are sold as fertilizer for $6.00 per gallon. Before Molecue is sold, it must be purified...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of the process liquids and chemicals costing $59,200 are heated and three different compounds emerge: 3,000 gallons of Molecue worth $22 per gallon are created from the steam; 10,000 gallons of Borphue worth $15 are drained from the tank; and 1,000 gallons of the tank residue, labeled as Polygard, are sold as fertilizer for $6.00 per gallon. Before Molecue is sold, it must be purified...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of the process liquids and chemicals costing $44,500 are heated and three different compounds emerge: 3,000 gallons of Molecue worth $22 per gallon are created from the steam; 10,000 gallons of Borphue worth $15 are drained from the tank; and 1,000 gallons of the tank residue, labeled as Polygard, are sold as fertilizer for $6.00 per gallon. Before Molecue is sold, it must be purified...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of the process liquids and chemicals costing $83,900 are heated and three different compounds emerge: 3,000 gallons of Molecue worth $22 per gallon are created from the steam; 10,000 gallons of Borphue worth $15 are drained from the tank; and 1,000 gallons of the tank residue, labeled as Polygard, are sold as fertilizer for $7.00 per gallon. Before Molecue is sold, it must be purified...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of the process liquids and chemicals costing $76,500 are heated and three different compounds emerge: 3,000 gallons of Molecue worth $22 per gallon are created from the steam; 10,000 gallons of Borphue worth $15 are drained from the tank; and 1,000 gallons of the tank residue, labeled as Polygard, are sold as fertilizer for $6.00 per gallon. Before Molecue is sold, it must be purified...
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 ....
Sell or Process Further Dorsey Company manufactures three products from a common input in a joint...
Sell or Process Further Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $375,000 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 ะก Selling Price $25 per pound $19 per pound...
2 Khaleel Compagny produces three products A, B and C. During the year the joint costs...
2 Khaleel Compagny produces three products A, B and C. During the year the joint costs of processing the coffee were SAR270,000. Production and sales value information were as follows: Sales Value Product Units at Split-Off Separable Costs Selling Price A 300,000 SAR9 per unit SAR5.00 per unit SAR32 per unit B 200,000 SAR8 per unit SAR3.00 per unit SAR30 per unit C 400,000 SAR7 per unit SAR2.00 per unit SAR20 per unit. Chose one method to allocate joint costs...
ABC Company produces three products in a joint production process. At the split-off point, all three...
ABC Company produces three products in a joint production process. At the split-off point, all three products are produced further and then sold. Information about these products for 2019, the most recent year, appears below: Product A Product B Product C Units produced ............... 20,000 48,000 12,000 Selling price ................ $41 per unit $50 per unit $65 per unit Additional processing costs .. $18 per unit $16 per unit $36 per unit Joint costs for 2019 totaled $600,000. During 2019,...
Question 3 Tricycle Ltd produces three joint products, A, B and C. These products become identifiable after the first process but are processed further before being sold. One ton of material input to the first process produces 300 units of A, 150 units of B and 50 units of C. Monthly costs and selling prices at a normal capacity level of 30 tons input are as follows: First process Fixed Variable per ton of input 10 000 2 400 Additional...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of the process liquids and chemicals costing $30,800 are heated and three different compounds emerge: 3.000 gallons of Molecue worth $22 per gallon are created from the steam; 10,000 gallons of Borphue worth $15 are drained from the tank, and 1,000 gallons of the tank residue, labeled as Polygard, are sold as fertilizer for $6.00 per gallon. Before Molecue is sold, it must be purified...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of the process liquids and chemicals costing $59,200 are heated and three different compounds emerge: 3,000 gallons of Molecue worth $22 per gallon are created from the steam; 10,000 gallons of Borphue worth $15 are drained from the tank; and 1,000 gallons of the tank residue, labeled as Polygard, are sold as fertilizer for $6.00 per gallon. Before Molecue is sold, it must be purified...
BioMorphs Corporation produces three products in a monthly joint production process. During the first stage of the process liquids and chemicals costing $44,500 are heated and three different compounds emerge: 3,000 gallons of Molecue worth $22 per gallon are created from the steam; 10,000 gallons of Borphue worth $15 are drained from the tank; and 1,000 gallons of the tank residue, labeled as Polygard, are sold as fertilizer for $6.00 per gallon. Before Molecue is sold, it must be purified...
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 ....
Sell or Process Further Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $375,000 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 ะก Selling Price $25 per pound $19 per pound...
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