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ons Sales price per gallon at split-off Further processing cost Final sal price pe gallon

ons Sales price per gallon at split-off Further processing cost Final sal price pe gallon

FINANCIAL ACCOUNTING
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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Advantagepro Creations has a joint process that ends with two products: MN5105 and SB6500. Joint processing costs for this quarter's production cycle are $55,800 Using a physical measure method, what amount of joint processing cost is allocated to SB6500 (round to the nearest dollar)? Group of answer choices a)$155,100 b)$54,848 c) $21,591 d)$37, 007 Gallons MN5105650 SB6500 1,280 Sales price per gallon at split-off $78.00 25.00 Further processing cost per gallon $12.00 23.0 $ 175.00 76.00 Final sale price per gallon
Transcribed Image Text:Advantagepro Creations has a joint process that ends with two products: MN5105 and SB6500. Joint processing costs for this quarter's production cycle are $55,800 Using a physical measure method, what amount of joint processing cost is allocated to SB6500 (round to the nearest dollar)? Group of answer choices a)$155,100 b)$54,848 c) $21,591 d)$37, 007 Gallons MN5105650 SB6500 1,280 Sales price per gallon at split-off $78.00 25.00 Further processing cost per gallon $12.00 23.0 $ 175.00 76.00 Final sale price per gallon
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