Joint Cost Allocation—Physical Units Method Board-It, Inc., produces the following types of 2 × 4 × 10 wood boards: washed, stained, and pressure treated. These products are produced jointly until they are cut. One batch produces 45 washed boards, 35 stained boards, and 20 pressure treated boards. The joint production process costs a total of $710 per batch. Using the physical units method, allocate the joint production cost to each product. Round your answers to two decimal places. Joint Product Allocation Washed $fill in the blank 1 Stained fill in the blank 2 Pressure treated fill in the blank 3 Totals $fill in the blank 4
Joint Cost Allocation—Physical Units Method Board-It, Inc., produces the following types of 2 × 4 × 10 wood boards: washed, stained, and pressure treated. These products are produced jointly until they are cut. One batch produces 45 washed boards, 35 stained boards, and 20 pressure treated boards. The joint production process costs a total of $710 per batch. Using the physical units method, allocate the joint production cost to each product. Round your answers to two decimal places. Joint Product Allocation Washed $fill in the blank 1 Stained fill in the blank 2 Pressure treated fill in the blank 3 Totals $fill in the blank 4
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter4: Polynomials
Section4.9: Area Problems
Problem 1P
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Joint Cost Allocation—Physical Units Method
Board-It, Inc., produces the following types of 2 × 4 × 10 wood boards: washed, stained, and pressure treated. These products are produced jointly until they are cut. One batch produces 45 washed boards, 35 stained boards, and 20 pressure treated boards. The joint production process costs a total of $710 per batch.
Using the physical units method, allocate the joint production cost to each product. Round your answers to two decimal places.
| Joint Product | Allocation |
| Washed | $fill in the blank 1 |
| Stained | fill in the blank 2 |
| Pressure treated | fill in the blank 3 |
| Totals | $fill in the blank 4 |
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