Part-1 | |
Computation of Net Monetary Advantage / Disadvantage - Gooey Mooey | |
Sales Value After Further Processing | $40,800.00 |
Less: Cost of Further Processing | $11,600.00 |
Net Reliazable value after further Processing | $29,200.00 |
Less: Sales Value at Split off Point | -$32,000.00 |
Net monetary Advantage / (Disadvantage ) | -$2,800.00 |
Part-2 | |
Computation of Net Monetary Advantage / Disadvantage - Wowie | |
Sales Value After Further Processing | $54,200.00 |
Less: Cost of Further Processing | $25,300.00 |
Net Reliazable value after further Processing | $28,900.00 |
Less: Sales Value at Split off Point | -$28,000.00 |
Net monetary Advantage / (Disadvantage ) | $900.00 |
Part -3, Minimum price at Split off point fo Wowie to be accepted = 28000+900=28900 |
Question 4 (Total: 26 marks) Cows Creamery Company makes two products from a common input. Joint...
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...
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...
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 $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...
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...
Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $47,000 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: Product X Product Y Total Allocated joint processing costs $ 18,400 $ 28,600 $ 47,000 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...
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $345,000 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 Selling Price $ 19.00 per pound $ 13.00 per pound $ 25.00 per gallon Quarterly...
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $315,000 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: Quarterly Output 11,600 pounds 18,200 pounds 2,800 gallons Selling Price 13.00 per pound $ 7.00 per...
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $360,000 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 Selling Price 22.00 per pound $ 16.00 per pound $ 28.00 per gallon Quarterly Output...