Methods of joint-cost allocation, comprehensive. Kardash Cosmetics purchases flowers in bulk and processes them into perfume. From a certain mix of petals, the firm uses Process A to generate Seduction, its high-grade perfume, as well as a certain residue. The residue is then further treated, using Process B, to yield Romance, a medium-grade perfume. An ounce of residue typically yields an ounce of Romance. In July, the company used 25,000 pounds of petals. Costs involved in Process A, i.e., reducing the petals to Seduction and the residue, were: Direct Materials – $440,000; Direct Labor – $220,000; Overhead Costs – $110,000. The additional costs of producing Romance in Process B were: Direct Materials - $22,000; Direct Labor – $50,000; Overhead Costs - $40,000. During July, Process A yielded 7,000 ounces of Seduction and 49,000 ounces of residue. From this, 5,000 ounces of Seduction were packaged and sold for $109.50 an ounce. Also, 28,000 ounces of Romance were processed in Process B and then packaged and sold for $31.50 an ounce. The other 21,000 ounces remained as residue. Packaging costs incurred were $137,500 for Seduction and $196,000 for Romance. The firm has no beginning inventory on July 1. If it so desired, the firm could have sold unpackaged Seduction for $56 an ounce and the residue from Process A for $24 an ounce.

Ten items that may or may not be involved in the bank reconciliation process for April are listed in the table shown below:Complete the table shown below, identifying where each item should be included on a bank reconciliation prepared for the month of April. Indicate whether the item should be added to, or deducted from, the bank or the books. If the item should not be included in the bank reconciliation, indicate “Not Applicable” in each of the bank and books column. In addition, if an item only affects the bank, insert Not Applicable in the books column. Likewise, if it only affects the books, insert Not Applicable in the bank column. Finally, indicate whether the item will require a journal entry on the company books by indicating “yes” or “no” in the last column.     Item   Bank   Books   AdjustingEntry Required 1.   Deposits in transit at the end of April   select an option                                                           Deduct from BankNot ApplicableAdd to…

Advertising a new health beverage is an example of a product-level activity. Select one: O True O False

Hello, can you please help me with this question? Only part of the question fits in the screen snip I took so I have copied and pasted the data from the question and what it is asking for. Thanks! Port Ormond Carpet Company manufactures carpets. Fiber is placed in process in the Spinning Department, where it is spun into yarn. The output of the Spinning Department is transferred to the Tufting Department, where carpet backing is added at the beginning of the process and the process is completed. On January 1, Port Ormond Carpet Company had the following inventories: Finished Goods $62,000 Work in Process-Spinning Department 35,000 Work in Process-Tufting Department 28,500 Materials 17,000   Departmental accounts are maintained for factory overhead, and both have zero balances on January 1. Manufacturing operations for January are summarized as follows: Jan. 1 Materials purchased on account, $500,000   2 Materials requisitioned for use:      Fiber—Spinning…