The joint costs allocated to product Y were NUBD Company manufactures products X and Y from a joint process that also yields a by-produd,Z. Revenue from sales of Z is treated as a reduction ofjo int costs. Addition al information is asfollows:X20,000?ProductsY20,000Total50,000P 262,000Units produced10,000?Joint costs?Sales value atsplit-offP300,000P 150,000P10,000P460,000Joint costs were allocated usin g the sales value at split-off approach.

Joint costs are those costs which are incurred for producing two or more than two products at the…

Answered: The joint costs allocated to product Y…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter14: Capital Structure Management In Practice

Section14.A: Breakeven Analysis

Problem 7P

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20. Kenneth Company manufactures product X and Y from a joint process that also yields a by- product, Z. Revenue from sales of Z is treated as a reduction of joint costs. Additional infomation is as follows: PR D U Total Y Units produced Joint costs 20,000 20,000 10,000 50,000 ? ? P262,000 P30,000 10,000 Sales value at split-off Joint cost are allocated using the sales value at split-off method. The joint costs allocated to product X 150,000 460,000 were a. 75,000 b. 100,000 c. 150,000 d. 168,000
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Using the sale value at split-off, how much is the: joint cost allocated to S?
Marigold Company gathered the following data about the three products that it produces: Product PresentSales Value Estimated AdditionalProcessing Costs Estimated Salesif Processed Further A $10400 $7200 $18600 B 12400 4200 15600 C 9400 2200 13600 Which of the products should not be processed further? a. Product C b. Products A and C c. Product B d. Product A
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Swifty Company gathered the following data about the three products that it produces: Product PresentSales Value Estimated AdditionalProcessing Costs Estimated Salesif Processed Further A $10200 $7100 $18300 B 12200 4100 15300 C 9200 2100 13300 Which of the products should not be processed further? Product B Product A Product C Products A and C
What is the joint cost allocated to product Tab if the company employs relative sales value method? P300,000P200,000P192,000P288,000
What is the value to be given to product Del? A. P25,000 B. P21,000 C. P24,000 D. P20,000
Tendler Co. produces two products, X and Y, using a joint process. The following data has been given to you: Joint cost Unit selling prices of completely processed products Units produced and processed beyond split-off Processing cost beyond split-off point Total $3,300 450 $3,700 Allocate the joint cost using the net-realizable value method: X: S XIN Y: S ? $10 300 $1,100 Y ? $40 150 $2,60

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