ending inventory if joint costs are allocated using net realizable value? Multiple Choice $24.87. $34.40. $43.20.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A Question 8- Extra Credit- Chapt X
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Products X, Y, and Z are produced from the same process at a cost of $5,880. Five thousand pounds of raw material yields 2,600 X, 3,600 Y,
and 2,100 Z. Selling prices are: X $2 per unit, Y $4 per unit, and Z valueless. The ending inventory of X is 72 units. What is the value of the
ending inventory if joint costs are allocated using net realizable value?
Multiple Choice
$24.87.
$34.40.
$43.20.
8 of 20
10:25 PM
4/26/2021
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Transcribed Image Text:P V - * 00 B V> C. 44 %#3 SI 2 A Question 8- Extra Credit- Chapt X Organization goals include- Bin X+ hoe Ô https://ezto.mheducation.com/ext/map/index.html?_con3con&external_browser=D0&launchUrl=https%253A%252F%252Fpg. to Chapter 11 & 13 Review i Help Save & Exit Submit Saved Products X, Y, and Z are produced from the same process at a cost of $5,880. Five thousand pounds of raw material yields 2,600 X, 3,600 Y, and 2,100 Z. Selling prices are: X $2 per unit, Y $4 per unit, and Z valueless. The ending inventory of X is 72 units. What is the value of the ending inventory if joint costs are allocated using net realizable value? Multiple Choice $24.87. $34.40. $43.20. 8 of 20 10:25 PM 4/26/2021 ere to search PrtSc Delete 同回 F10 F11 F12 +D E3 F7 F8 6 F5 & %3D %23 5. 7. { D F G 7. N Ctrl
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