sold at P16 per unit, while the company was able to sell 600 units of the hapter 14 614 allocated to Product A? P11,225 P10,525 a. b. P 8,225 P 9,525 C. d. 57. Using the net realizable value at split-off, what is the allocated joins cost to Product C? P15,605 P14,711 P15,750 d. P14,500 a. b. C. Use the following information in answering numbers 58 - 61: The J&J Chemical Company produces a product known as "VITAMIX" from which a by-products results. This by-product can be sold at P4.14 per unit. The manufacturing costs of the main product and by-product up to the point of separation for the three months ended March 31, 2018 follows: Materials Labor Overhead P50,000 40,000 30,000 The units produced were 15,000 units for the main product and 900 unie for the by-product. During the period 12,000 units of the "VITAMIX" were by-product. Selling and administrative expenses relatod product amounted to P18,000, Nisno P1.75. the main

sold at P16 per unit, while the company was able to sell 600 units of the hapter 14 614 allocated to Product A? P11,225 P10,525 a. b. P 8,225 P 9,525 C. d. 57. Using the net realizable value at split-off, what is the allocated joins cost to Product C? P15,605 P14,711 P15,750 d. P14,500 a. b. C. Use the following information in answering numbers 58 - 61: The J&J Chemical Company produces a product known as "VITAMIX" from which a by-products results. This by-product can be sold at P4.14 per unit. The manufacturing costs of the main product and by-product up to the point of separation for the three months ended March 31, 2018 follows: Materials Labor Overhead P50,000 40,000 30,000 The units produced were 15,000 units for the main product and 900 unie for the by-product. During the period 12,000 units of the "VITAMIX" were by-product. Selling and administrative expenses relatod product amounted to P18,000, Nisno P1.75. the main

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

The cost data is given below for Sohar Company. Variable cost per unit: OMR 8 Initial fixed cost : OMR 14000 Unit produced and Sold: 15000 units Which of the following shows the total cost to Sohar Company in case it produced additional 4000 units by incurring additional fixed cost of OMR 8800 and with an increase of 2 OMR in unit variable cost? Select one: a. 232500 b. 241500 C. 212800 d. 218600 العربية الإنجليزية
The cost data is given below for Sohar Company. saved Variable cost per unit: OMR 18 out of Initial fixed cost : OMR 34000 question Unit produced and Sold: 23000 units Fi Which of the following shows the total cost to Sohar Company in case it produced additional 12000 units by incurring additional fixed cost of OMR 9500 and with a decrease of 3.5 OMR in unit variable cost? Tim Select one: O a. 719,500 O b. 667,000 Oc 551,000 Od. 796,000 Clear my choice
1. What would be the gross margin for FPD if it accepted the transfer price that will be charged by CD?
X Corp produces 200 units of A and 100 units of B products. Final sales amount of A is 9,000. Joint cost is 6,600. Cost beyond the split off point is 3,000 each for both A and B. Using NRV or adjusted sale value method, the computed unit cost of A is 22 per unit. What is the Final sales amount of product B?
Company XYZ has three products A, B and C. The sales mix for products AB and Care 6, 4 and 3 units respectively. The contribution margin per unit for products AB and Care $ 900. $600 and $400 respectivelyAssuming that the fixed costs were \$1.136.000.V What is the breakeven point in units (in total)? (rounded to the nearest number) a. None of the given answers b. 1.641 c. 3,335 d. 800 e. 6.745
Jacoby Company received an offer from an exporter for 20,500 units of product at $19 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $24 Unit manufacturing costs: Variable $9 Fixed $5 What is the differential revenue from the acceptance of the offer? a.$389,500 b.$881,500 c.$102,500 d.$492,000
What is the joint cost allocated to product Alt if the company employs physical method? P333,333P316,667P317,333P320,000
Consider the following: (Click the icon to view the cases.) Requirement 1. Fill in the blanks for each of the independent cases. (a) Selling Price (b) (c) (d) (e) (f) Variable Cost Total Total Contribution Total Fixed Case per Unit per Unit Units Sold Margin Costs Net Income 12345 £ 25 128,000 £ 1,024,000 £ 953,000 13 4 100.000 823,000 22 13 243,000 13,000 29 23 65,000 25,000 12 80.000 240,000 192,000
The following information is for Bullwinkle Industries Inc.: Line Item Description East West Sales volume (units): Product Alpha 45,000 38,000 Product Omega 60,000 50,000 Sales price: Product Alpha $500 $600 Product Omega $250 $225 Variable cost per unit: Product Alpha $275 $275 Product Omega $140 $140 a. Determine the contribution margin for the East Region and West Region.East Region: fill in the blank 1 of 2$West Region: fill in the blank 2 of 2$ b. Determine the contribution margin ratio for the East Region and West Region. Round the contribution margin ratio to one-tenth of a percent.East Region: fill in the blank 1 of 2%West Region: fill in the blank 2 of 2%
Based on analyzing the production.cost (Y) to units produced (X), the following relationship was found Y= S5000 - 520X The $5.000 in the equarion represents Select one Oa. Varlable production.costs per unit. లీ D- 78ed Drodocs on ఉంక ఏ01 Ur 2 ENone.of the anawers given d. Total variable production costs. Oe.Total fixed production costs
Segment X sells its product at SP of 300 per unit. Variable Cost to produce per unit is 120 per unit. Fixed cost is 100,000. X operates at full capacity. What is the minimum price that should be charged to another segment for each unit of product to be transferred? • 120 plus allocated cost of FC • 120 plus opportunity cost and other variable cost • 300 • 120
range of production is 500 units to 1,500 units): Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant Mc Graw Hill 'Z² ± 080 2 A Sales Variable expenses Contribution margin Z Fixed expenses Net operating income Contribution margin per unit 2 Required: What is the contribution margin per unit? (Round your answer to 2 decimal places.) F2 ((1:1) @ W S F3 # 3 X Alt / £ E D F4 $ 4 $ C ¢ $ R 23,900 13,300 10,600 7,632 2,968 F F5 OIO % 5 V F6 粥 ¤ T G л 6 B F7 ? Y H F8 & 7 N Jy L § F12 ) 0 14 Alt Car Scr Lk Arrêtdef P - PrtSc/Imprecr. SysRq/Syst. 目 1½/2 2 + 11 ? Pause Break/Interr. 1 | | ^ = 3/4 A } >> \ o « Insert ]] < Delete/Suppr. V. A V 1 ▷