Jorioz Co makes joint products X and Y. $120,000 joint processing costs are incurred At the split-off point, 10,000 units of X and 9,000 units of Y are produced, with selling prices of $1 20 for X and $1.50 for Y The units of X could be processed further to make 8,000 units of product Z. The extra costs incurred in this process would be fixed costs of $1,600 and variable costs of 50.50 per unit of input The selling price of Z would be $2.25 What would be the outcome if product X is further processed? O $600 loss O $400 gain O $3,900 gain $1,600 loss

Jorioz Co makes joint products X and Y. $120,000 joint processing costs are incurred At the split-off point, 10,000 units of X and 9,000 units of Y are produced, with selling prices of $1 20 for X and $1.50 for Y The units of X could be processed further to make 8,000 units of product Z. The extra costs incurred in this process would be fixed costs of $1,600 and variable costs of 50.50 per unit of input The selling price of Z would be $2.25 What would be the outcome if product X is further processed? O $600 loss O $400 gain O $3,900 gain $1,600 loss

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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