Double Company produces thee products - DB01. DO0 2, and DBB 3 from o joint process. Each product may be sold at the spit off point or processed further Additional processingrequires no special facilities, and production costs of further processing are entrely variable and traceable to the products involved. Key information obout Double's production sales, andcosts foitowspee-226, 100Total1,600units sold17,400$ 65$ 124,00012, 40038,100Peice (after additional processing)Separable Processing costUnits ProducedTotal Joint costSales Price at split-off5 50$58,00026,100$ 75$267,0001,600$3,670,000S.00,00030,100$ 25$ 55$35he amount of joint costs allocated to product DB0-1 usng the physical measure method isMultiole Choice

Joint cost allocated to DDB-1 = total joint cost / total units * units of DDB-1

Answered: be-1 17,400 $65 pe-2 Total 26,100 $50…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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CD Only CD With Instructional Materials Estimated Demand 43,000 Units 43,000 Units Est. Sales Price $27.000 $54.00 Est. Cost per unit Dir. Materials $2.50 $2.75 Dir. Labor $3.00 $6.00 Var. Manufacturing OH $3.00 $6.25 Fixed Man. OH $3.00 $3.00 Unit Man. Cost $11.50 $18.00 Additional Development Cost $125,000 Based on the given data, compute the increase or decrease in profit that would result if instructional materials were added to the CD's.…
+ |/ V * 00 ( CO R 44 #3 Ch University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developing). Management has decided to allocate maintenance costs on the basis of machine-hours in each department and personnel costs on the basis of labor-hours worked by the employees in each. The following data appear in the company records for the current period: Maintenance Personnel Printing Developing Machine-hours 4, 200 3,100 $11,700 1,400 1,400 Labor-hours 006 $14,500 006 Department direct costs $12,800 008'7 $ Required: Allocate the service department costs using the step method, starting with the Maintenance Department. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.) Maintenance Personnel Printing Developing Service department costs Maintenance Personnel Total costs allocated < Prev 2 of 4 Next ME here to search 直 0 PrtSc 同 F12 反 F6 F7 F11 Ins E3 81 & %23 7. 一 G H. B. Alt Alt Ctrl
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Indicator ' A 16 17 18 19 20 (1) $126,000 105,000 84,000 $200,000 D (2) $150,000 128,000 22,000 $138,000 E 1 2 Required: 3 Determine the missing amount for each separate situation involving work in process cost flows. 4 5 6 Total manufacturing costs 7 Work in process inventory, beginning 8 Work in process inventory, ending 9 Cost of goods manufactured 10 11 12 13 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. 14 Nothing in this area will be graded, but it will be submitted with your assignment. 15 (3) $217,000 32,000 185,000 $237,000 F G H 1 J
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be-1 17,400 $65 pe-2 Total 26,100 $50 38,100 $ 75 s00,000 1,600 s 124,000 17,400 $58,000 5267,000 1,600 $3,60,000 26,100 3, 100 $25 $35 $5 g the physical measure method