FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
A Florida processing company, Sunshine ToGo, produces two products from a joint process: Alpha and Omega. Joint processing costs for this month's production cycle are $9,000.
Pounds |
Sales price per pound at split-off |
Disposal
cost per pound at split-off |
Further processing per pound |
Final sale price per pound |
|
Alpha |
1,800
|
$7.00
|
$4.50
|
$1.50
|
$ 8.00
|
Omega |
2,600
|
10.00
|
6.00
|
3.50
|
12.25
|
If Alpha and Omega are processed further, no disposal costs will be incurred or such costs will be borne by the buyer.
Using a physical measure method, what amount of joint
Using sales value at split-off, what amount of joint processing cost is allocated to Alpha (round to the nearest dollar)?
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