Complete this question by entering your answers in the tabs below.Required ARequired BRequired BAssuming that joint product costs are allocated using the sales value at split-off (net realizable value method), what was thetotal cost of product KB (including the $42,000 if processed further)? (Do not round intermediate calculations.)Total cost of product KB< Required ARequired B The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costswere $195,000. Additional information follows.If Processed FurtherUnitsSales Value atSplit-Off$280,000245,000175,000Product ProducedSales Values Additional Costs83,00058,10024,900$340,000270,000240,000$49,00042,00034,000КАKBKCRequired:a. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost ofproduct KA (including $49,000 if processed further)?b. Assuming that joint product costs are allocated using the sales value at split-off (net realizable value method), what was the totalcost of product KB (including the $42,000 if processed further)?Complete this question by entering your answers in the tabs below.Required ARequired BAssuming that joint product costs are allocated using the sales value at split-off (net realizable value method), what was thetotal cost of product KB (including the $42,000 if processed further)? (Do not round intermediate calculations.)Total cost of product KB< Required ARequired B<>

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Description: Complete this question by entering your answers in the tabs below.Required ARequired BRequired BAssuming that joint product costs are allocated using the sales value at split-off (net realizable value method), what was thetotal cost of product KB (i

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Required: a. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA (including $49,000 if processed further)? b. Assuming that joint product costs are allocated using the sales value at split-off (net realizable value method), what was the total cost of product KB (including the $42,000 if processed further)?

Required: a. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA (including $49,000 if processed further)? b. Assuming that joint product costs are allocated using the sales value at split-off (net realizable value method), what was the total cost of product KB (including the $42,000 if processed further)?

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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