The point in the production process where joint products become separable is called the
joint cost point
split-off point
separation point
joint process point
Answer : Split-off Point
Split of Point is the Prodcution Point where the Joint Prodcution become the Sepearated and Individual Prodccut cost is calcualted.Before Split of Point all the Prodcut have the Joint costs.
The point in the production process where joint products become separable is called the joint cost point split-off...
The following information relates to a joint production process for three products, with a total joint production cost of $100,000. There are no separable processing costs for any of the three products. Product Sales Value at Split-Off Units at Split-Off 1 $ 130,000 240 2 50,000 960 3 20,000 1,200 $ 200,000 2,400 Assume that the total sales value at the split-off point for product 1 is $50,000 instead of $130,000 and the sales value of product 3 is $2,000...
The following information relates to a joint production process for three products, with a total joint production cost of $100,000. There are no separable processing costs for any of the three products. Product Sales Value at Split-Off Units at Split-Off 1 $ 130,000 240 2 50,000 960 3 20,000 1,200 $ 200,000 2,400 Assume that the total sales value at the split-off point for product 1 is $50,000 instead of $130,000 and the sales value of product 3 is $2,000...
The following information relates to a joint production process for three products, with a total joint production cost of $155,000. There are no separable processing costs for any of the three products. Product/ Sales Value of split off Units at Split-Off 1 $ 217,000 450 2 46,500 1,050 3 46,500 1,500 $ 310,000 3,000 What percentage of joint cost is allocated to each of the three products using the sales value at split-off method? P1: %, P2: %, P3:...
The following information relates to a joint production process for three products, with a total joint production cost of $135,000. There are no separable processing costs for any of the three products. Product Nm Sales Value at Split-Off $189,000 54,000 27,000 $270,000 Units at Split-Off 260 780 1,560 2,600 Assume that the total sales value at the split-off point for product 1 is $81,000 instead of $189,000 and the sales value of product 3 is $2,700 instead of $27,000. Assume...
The following information relates to a joint production process for three products, with a total joint production cost of $135,000. There are no separable processing costs for any of the three products. Product Sales Value at Sales Split-Off $189,000 54,000 27,000 Units at Split-Off 260 780 1,560 2,600 3 $ 270,000 Assume that the total sales value at the split-off point for product 1 is $81,000 instead of $189,000 and the sales value of product 3 is $2,700 instead of...
The following information relates to a joint production process for three products, with a total joint production cost of $100,000. There are no separable processing costs for any of the three products. Product Sales Value at Split-Off Units at Split-Off 1 $ 130,000 240 2 50,000 960 3 20,000 1,200 $ 200,000 2,400 What percentage of joint cost is allocated to each of the three products using the physical units method?
The following information relates to a joint production process for three products, with a total joint production cost of $100,000. There are no separable processing costs for any of the three products. Product Sales Value at Split-Off Units at Split-Off 1 $ 130,000 240 2 50,000 960 3 20,000 1,200 $ 200,000 2,400 Assume that the total sales value at the split-off point for product 1 is $50,000 instead of $130,000 and the sales value of product 3 is $2,000...
The following information relates to a joint production process for three products, with a total joint production cost of $135,000. There are no separable processing costs for any of the three products. Product Sales Value at Split-Off $189,000 54,000 27,000 $270,000 Units at Split-Off 260 780 1,560 2,600 What percentage of joint cost is allocated to each of the three products using the physical units method? Product Percent of Sales Units 1 3
The following information relates to a joint production process for three products, with a total joint production cost of $170,000. There are no separable processing costs for any of the three products. Sales Value Units at Product at Split-Off Split-Off $204,000 495 85,000 1, 155 51,000 1,650 $340,000 3,300 WNE Brief Exercise 7-17 [LO 7-6) What percentage of joint cost is allocated to each of the three products using the sales value at split-off method? Product Percent of Sales Value...
SELL AT SPLIT – OFF POINT OR PROCESS FURTHER & JOINT COST ALLOCATION Lauricella Inc. produces three products from a common set of inputs for $95,000. Other sales and cost data follow: Unit Sales Price ____ Costs After At After further Split-off Product Quantity Split-off Processing Point__ Regular 8,000 $ 8 $ 10 $ 10,000 Special 5,000 5 8 15,000 Premium 4,000 6 10 20,000 REQUIRED: Which products should...