Expo manufacturing produces four different drinks. The joint process incurs costs of $250,000. The following information is related to the four products. Product Beatle Grasshopper Locust Buggy O $70,362 $100,000 O $64,516 Units produced 5,000 Using the physical quantities methods of allocating joint costs, how much joint costs would be allocated to Beatle? (Round to the nearest whole dollar.) 33,334 3,750 2,500 1,250 Weight per unit (oz) 8 12 16 24 Selling price per unit $1.10 $1.50 $1.95 $2.50

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Expo manufacturing produces four different drinks. The joint process incurs costs of $250,000.
The following information is related to the four products.
Weight per unit (oz)
Product
Beatle
Grasshopper
Locust
Buggy
O $70,362
O $100,000
Using the physical quantities methods of allocating joint costs, how much joint costs would be
allocated to Beatle? (Round to the nearest whole dollar.)
O $64,516
Units produced
5,000
3,750
2,500
1,250
33,334
8
12
16
24
Selling price per unit
$1.10
$1.50
$1.95
$2.50
Transcribed Image Text:Expo manufacturing produces four different drinks. The joint process incurs costs of $250,000. The following information is related to the four products. Weight per unit (oz) Product Beatle Grasshopper Locust Buggy O $70,362 O $100,000 Using the physical quantities methods of allocating joint costs, how much joint costs would be allocated to Beatle? (Round to the nearest whole dollar.) O $64,516 Units produced 5,000 3,750 2,500 1,250 33,334 8 12 16 24 Selling price per unit $1.10 $1.50 $1.95 $2.50
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