Cariboo Manufacturing Company incurred a joint cost of $8970 2,400 of Y are being produced each month. Management plans of Y by 1,100 units. Additionally, this change will require minor m attributable to product Y. What is the amount of the joint costs a allocates their joint costs according to the proportion of X and Y Product X Product Y $483,000 $487,424 $477,971 $414,000 A. $414,000 B. $410,206 $419,029 c. $483,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Cariboo Manufacturing Company incurred a joint cost of $897,000 in the production of X and Y in a joint process. Presently, 2,800 of X and
2,400 of Y are being produced each month. Management plans to decrease X's production by 800 units in order to increase the production
of Y by 1,100 units. Additionally, this change will require minor modifications, which will add $61,360 to the joint cost. This cost is entirely
attributable to product Y. What is the amount of the joint costs allocable to X and Y before changes to existing production assuming Cariboo
allocates their joint costs according to the proportion of X and Y produced?
Product X
Product Y
000
$487,424
A.
$483,000
$410,206
$419,029
$483,000
B.
C.
$477,971
D.
Multiple Choice
Option A
Graw
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F10
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F7
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Delete
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Transcribed Image Text:+ I/ V - MI * 00 HI 因 FL edit- Chapter 11 & 13 Review Help Save & Exit Saved Cariboo Manufacturing Company incurred a joint cost of $897,000 in the production of X and Y in a joint process. Presently, 2,800 of X and 2,400 of Y are being produced each month. Management plans to decrease X's production by 800 units in order to increase the production of Y by 1,100 units. Additionally, this change will require minor modifications, which will add $61,360 to the joint cost. This cost is entirely attributable to product Y. What is the amount of the joint costs allocable to X and Y before changes to existing production assuming Cariboo allocates their joint costs according to the proportion of X and Y produced? Product X Product Y 000 $487,424 A. $483,000 $410,206 $419,029 $483,000 B. C. $477,971 D. Multiple Choice Option A Graw 10 of 20 11!H ype here to search 风 同に F10 E3 F7 PrtSc F-4 Delete 81 F11 61 F12 %23 & 4. 5. 1 G N Alt Ctri
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