spi processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the prod production, sales, and costs follows. Units Sold Price (after additional processing) Separable Processing cost Units Produced Total Joint Cost Sales Price at Split-off DBB-1 16,800 $ 65 $ 115,500 16,800 $ 25 DBB-2 25,200 $ 50 $ 46,200 25,200 $ 35 DBB-3 37,200 $ 75 $ 68,200 37,200 $ 55 Total 79,200 $ 229,900 79,200 $ 3,760,000
spi processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the prod production, sales, and costs follows. Units Sold Price (after additional processing) Separable Processing cost Units Produced Total Joint Cost Sales Price at Split-off DBB-1 16,800 $ 65 $ 115,500 16,800 $ 25 DBB-2 25,200 $ 50 $ 46,200 25,200 $ 35 DBB-3 37,200 $ 75 $ 68,200 37,200 $ 55 Total 79,200 $ 229,900 79,200 $ 3,760,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Multiple Choice
$2,083,420.
$1,043,176.
$929,111.
$976,500.
$747,468.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F80a185d2-1a05-454a-b6ca-141a15185ee9%2F8ac8486e-524b-4ea0-b07b-edb89ff5334a%2Fd7t3brr_processed.png&w=3840&q=75)
Transcribed Image Text:Multiple Choice
$2,083,420.
$1,043,176.
$929,111.
$976,500.
$747,468.
![Double Company produces three products - DBB-1, DBB-2, and DBB-3 from a joint process. Each product may be sold at the split-off point or processed further. Additional
processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Key information about Double's
production, sales, and costs follows.
Units Sold
Price (after additional
DBB-1
16,800
$65
$ 115,500
16,800
DBB-2
25,200
$ 25
processing)
Separable Processing cost
Units Produced
Total Joint Cost
Sales Price at Split-off
The amount of joint costs allocated to product DBB-3 using the net realizable value method is:
$ 50
$ 46,200
25,200
DBB-3
$ 35
37,200
$75
$ 68,200
37,200
$ 55
Total
79,200
$ 229,900
79,200
$ 3,760,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F80a185d2-1a05-454a-b6ca-141a15185ee9%2F8ac8486e-524b-4ea0-b07b-edb89ff5334a%2Fq2dcn58_processed.png&w=3840&q=75)
Transcribed Image Text:Double Company produces three products - DBB-1, DBB-2, and DBB-3 from a joint process. Each product may be sold at the split-off point or processed further. Additional
processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Key information about Double's
production, sales, and costs follows.
Units Sold
Price (after additional
DBB-1
16,800
$65
$ 115,500
16,800
DBB-2
25,200
$ 25
processing)
Separable Processing cost
Units Produced
Total Joint Cost
Sales Price at Split-off
The amount of joint costs allocated to product DBB-3 using the net realizable value method is:
$ 50
$ 46,200
25,200
DBB-3
$ 35
37,200
$75
$ 68,200
37,200
$ 55
Total
79,200
$ 229,900
79,200
$ 3,760,000
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education