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Barrett Chemicals manufactures four chemicals, Chem-1, Chem-2, Chem-3, and Chem-4, from a joint process. The total joint costs in May were $564,000. Additional information follows: Product Chem-1 Chem-2 Chem-3 Chem-4 Chem-1 Units Sales Value at Additional Produced Costs 288,000 176,000 192,000 144,000 800,000 Chem-2 If Processed Further Required: Which, if any, of the four products would you recommend Barrett Chemicals sell at split-off (and not process further)? Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Chem-3 Chem-4 Split-Off $ 220,000 $ 32,700 264,000 29,400 149,600 24,900 246,400 26,300 $880,000 $ 113,300 Sales Values $ 260,000 290,000 180,000 270,000 $1,000,000

Barrett Chemicals manufactures four chemicals, Chem-1, Chem-2, Chem-3, and Chem-4, from a joint process. The total joint costs in May were $564,000. Additional information follows: Product Chem-1 Chem-2 Chem-3 Chem-4 Chem-1 Units Sales Value at Additional Produced Costs 288,000 176,000 192,000 144,000 800,000 Chem-2 If Processed Further Required: Which, if any, of the four products would you recommend Barrett Chemicals sell at split-off (and not process further)? Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Chem-3 Chem-4 Split-Off $ 220,000 $ 32,700 264,000 29,400 149,600 24,900 246,400 26,300 $880,000 $ 113,300 Sales Values $ 260,000 290,000 180,000 270,000 $1,000,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Barrett Chemicals manufactures four chemicals, Chem-1, Chem-2, Chem-3, and Chem-4, from a joint process. The total joint costs in May were $564,000. Additional information follows: Product Chem-1 Chem-2 Chem-3 Chem-4 Chem-1 Units Sales Value at Additional Produced Costs Chem-2 Chem-3 288,000 176,000 192,000 144,000 800,000 Required: Which, if any, of the four products would you recommend Barrett Chemicals sell at split-off (and not process further)? Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Chem-4 If Processed Further Split-off $ 220,000 264,000 149,600 246,400 $ 880,000 Sales Values $ 32,700 $ 260,000 290,000 29,400 24,900 26,300 180,000 270,000 $ 113,300 $ 1,000,000
Transcribed Image Text:Barrett Chemicals manufactures four chemicals, Chem-1, Chem-2, Chem-3, and Chem-4, from a joint process. The total joint costs in May were $564,000. Additional information follows: Product Chem-1 Chem-2 Chem-3 Chem-4 Chem-1 Units Sales Value at Additional Produced Costs Chem-2 Chem-3 288,000 176,000 192,000 144,000 800,000 Required: Which, if any, of the four products would you recommend Barrett Chemicals sell at split-off (and not process further)? Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Chem-4 If Processed Further Split-off $ 220,000 264,000 149,600 246,400 $ 880,000 Sales Values $ 32,700 $ 260,000 290,000 29,400 24,900 26,300 180,000 270,000 $ 113,300 $ 1,000,000
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