Cost Accounting, Student Value Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (15th Edition)
Cost Accounting, Student Value Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (15th Edition)
15th Edition
ISBN: 9780133781106
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
Question
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Chapter 16, Problem 16.20E

1.

a.

To determine

To compute: Cost of inventories and cost of goods sold for the year 2014.

Given information:

Total joint manufacturing cost for the year is $580,000.

Additional cost is $200,000.

On hand inventories for X are 132, Y is 120 and Z is 28 tons.

b.

To determine

To compute: Cost of inventories and cost of goods sold.

2.

To determine

To compute: Comparison of gross-margin percentages for X, Y and Z as per NRV method and constant gross margin percentage under NRV method.

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Chapter 16 Solutions

Cost Accounting, Student Value Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (15th Edition)

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