Exercise 11-49 (Algo) Sell or Process Further (LO 11-4) 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 $581,000. Additional information follows: Product Chem-1 Chem-2 Chem-3 Chem-4 Units Produced 305,000 193,000 209,000 161,000 868,000 ?Chem-1 ?Chem-2 ?Chem-3 ?Chem-4 If Processed Further Sales Value at Additional Costs Split-Off $ 237,000 281,000 166,600 263,400 $948,000 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. Sales Values. $ 277,000 307,000 $ 34,400 31,100 26,600 28,000 $ 120,100 $ 1,068,000 197,000 287,000

Exercise 11-49 (Algo) Sell or Process Further (LO 11-4) 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 $581,000. Additional information follows: Product Chem-1 Chem-2 Chem-3 Chem-4 Units Produced 305,000 193,000 209,000 161,000 868,000 ?Chem-1 ?Chem-2 ?Chem-3 ?Chem-4 If Processed Further Sales Value at Additional Costs Split-Off $ 237,000 281,000 166,600 263,400 $948,000 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. Sales Values. $ 277,000 307,000 $ 34,400 31,100 26,600 28,000 $ 120,100 $ 1,068,000 197,000 287,000

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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