WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for the next month is as follows: Product X 2,700 $ 25.00 $ 2.00 $ 31.00 A) Product Y 3,200 $28.00 Units produced Per unit sales value at split-off Added processing costs per unit Per unit sales value if processed further The cost of the joint raw material input is $90,000. Which of the products should be processed beyond the split-off point? Product X Product Y yes yes Product Z no yes no yes no ΠΟ yes Product Z 4,200 $ 27.00 $ 4.00 $36.00 $ 4.00 $ 31.00

WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for the next month is as follows: Product X 2,700 $ 25.00 $ 2.00 $ 31.00 A) Product Y 3,200 $28.00 Units produced Per unit sales value at split-off Added processing costs per unit Per unit sales value if processed further The cost of the joint raw material input is $90,000. Which of the products should be processed beyond the split-off point? Product X Product Y yes yes Product Z no yes no yes no ΠΟ yes Product Z 4,200 $ 27.00 $ 4.00 $36.00 $ 4.00 $ 31.00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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