Sky airlines produces two different aircrafts. The joint process incurs costs of $10 million. Both aircrafts can be sold at split-off or processed further to increase the final sales value. The following information is related to the two products. (all costs are recorded in millions) Product Units Weight per Unit (lbs) Final Sales Value Further Processing Costs Sales Value at Split-Off B752 15 90,000 $420 $200 $230 B797 25 110,000 480 260 310 If the sales price at split-off provided is reliable, what is the gross margin for B797, using the appropriate method of allocation?   Question options:   a)  $214.26 million.   b)  $215 million.   c)  $220 million.   d)  $214.50 million.

What is the amount of joint costs assigned?

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DEF Company produces three product (A, B, and C) in a joint process costing 100,000. The products can be sold as they leave the process or they can be processed further and sold. The cost accountant has provided the following information: Product Unit Volume Sales prices at split-off Separable further processing costs sales price after further processing A 3000 10 60000 25 B 4000 15 50000 30 C 8000 20 90000 35 Assume that all processing costs are variable costs. Which products should DEF Company sell at split-off, and which products should be processed further?

VE The G-Lab Company produced three joint products at a joint cost of $150,000. Two of these products were processed further. Production and sales were: K Product Sales Additional Processing Costs 200,000 0 100,000 If joint costs are allocated based on relative weight of the outputs and all products are main products, how much of the joint costs would be allocated to product A? (Do not round intermediary calculations. Round final answer to the nearest cent) A B с Weight 100,000 lbs 200,000 lbs 300,000 lbs. OA $25,000.00 B. $100,000.00 OC. $75,000.00 OD. $81,666.67 245,000 30,000 175,000

Jorioz Co makes joint products X and Y. $120,000 joint processing costs are incurred. At the split-off point, 10,000 units of X and 9,000 units of Y are produced, with selling prices of $1.20 for X and $1.50 for Y. The units of X could be processed further to make 8,000 units of product Z. The extra costs incurred in this process would be fixed costs of $1,600 and variable costs of $0.50 per unit of input. The selling price of Z would be $2.25. What would be the outcome if product X is further processed? O $600 loss $400 gain O $3,900 gain O $1,600 loss

Corey Corporation manufactures joint products W and X. During a recent period, joint costs amounted to $450,000 in the production of 20,000 gallons of W and 50,000 gallons of X. Both products will be processed beyond the split-off point, giving rise to the following data: Separable processing costs Sales price (per gallon) if processed beyond split-off The joint cost allocated to W under the net-realizable-value method would be: (Do not round intermediate calculations.) Multiple Choice $156,000. $142,105, $110,000 $128.571. $40,000 $ 15 $ $160,000 13

Adams Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly cost of producing 9,300 containers follows. Unit-level materials Unit-level labor Unit-level overhead Product-level costs* Allocated facility-level costs $5,900 6,200 3,500 *One-third of these costs can be avoided by purchasing the containers. Russo Container Company has offered to sell comparable containers to Adams for $2.60 each. Required X Answer is complete but not entirely correct. $ 19,300 Yes $ 24,180 X No 11,100 26,900 a. Calculate the total relevant cost. Should Adams continue to make the containers? b. Adams could lease the space it currently uses in the manufacturing process. If leasing would produce $11,800 per month, calculate the total avoidable costs. Should Adams continue to make the containers? a. Total relevant cost a. Should Adams continue to make the containers? b. Total avoidable cost b. Should Adams continue to make the containers?

A company manufactures products X and Y using a joint process. The joint processing costs are P10,000. Products X and Y can be sold at split-off for P12,000 and P8,000 respectively. After split-off, product X is processed further at a cost of P5,000 and sold for P21,000 whereas product Y is sold without further processing. If the company uses the net realizable value method for allocating joint costs, the joint cost allocated to X is

Stahl Inc. produces three separate products from a common process costing $100,800. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. Shown below are cost and selling price data for a recent period.     Sales Valueat Split-OffPoint   Cost toProcessFurther   Sales Valueafter FurtherProcessing   Product 10     $60,400       $100,600       $190,000     Product 12     15,600       30,100       35,400     Product 14     55,500       150,800       214,500         Determine total net income if all products are sold at the split-off point. Net income   $      eTextbook and Media                     Determine total net income if all products are sold after further processing. Net income   $      eTextbook and Media                     Calculate incremental profit/(loss) and determine which products should be…