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Click Submit to complete this assessment Question 5 Gulf Chemicals manufacture three products, A1, A2 and...
Case 3 Gold Dates Enterprises is a company processing raw dates into three (3) different types of Dates namely; Barhi, Dayri and Thoory. During the month of April 2019, the joint costs of 2 processing dates were AED 78,500 There were no beginning and ending of the inventory for the period. Productions costs and Sales value details are as follows: Additional processing cost, Selling price at the end of in total (AED) the process, in total (AED) Unit produced Product...
A1 A2 Help! Question 3 Blue, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a smartphone. The cost structure to manufacture 19,100 Tri-Robos is as follows. Cost Direct materials ($51 per robot) Direct labor ($41 per robot) Variable overhead ($5 per robot) Allocated fixed overhead ($31 per robot) $974,100 783,100 95,500 600,000 $2,452,700 Total Blue is approached by Tienh Inc., which...
Question 7,8,9. Chapter 6 Costing By-Products and Joint Products 141 7. Joint product cost allocation--market value method. Arlington Company manufactures three different products from a single raw material. A summary of production costs shows: Product Total Output in Kilograms....... 80 000 200 000 160 000 440 000 Sales price per kilogram... $.75 $1.00 $1.50 Separable Costs Total SKY Cost Production costs: Materials.... - - $ 90.000 Direct aboum . $ 3,000 $20,000 $30.000 80.000 Variable factory overhead............. 2,000 10,000 16,000...