t Units Produced Sales Value at Split-Off Sales Value Additional Costs A 7,110 $ 46,660 $ 64,435 $ 4,740 B 8,150 70,905 91,280 12,225 C 4,075 48,900 61,125 16,300 19,335 $ 166,465 $ 216,840 $ 33,265 Assuming that joint product costs are allocated using the net realizable value method, what were the total costs assigned to Product B?
t Units Produced Sales Value at Split-Off Sales Value Additional Costs A 7,110 $ 46,660 $ 64,435 $ 4,740 B 8,150 70,905 91,280 12,225 C 4,075 48,900 61,125 16,300 19,335 $ 166,465 $ 216,840 $ 33,265 Assuming that joint product costs are allocated using the net realizable value method, what were the total costs assigned to Product B?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 27E: Pacheco, Inc., produces two products, overs and unders, in a single process. The joint costs of this...
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Question
Atkinson, Inc., manufactures products A, B, and C from a common process. Joint costs were $154,680. Additional information is as follows:
| If Processed Further | |||||||||||||
| Product | Units Produced |
Sales Value at Split-Off | Sales Value | Additional Costs | |||||||||
| A | 7,110 | $ | 46,660 | $ | 64,435 | $ | 4,740 | ||||||
| B | 8,150 | 70,905 | 91,280 | 12,225 | |||||||||
| C | 4,075 | 48,900 | 61,125 | 16,300 | |||||||||
| 19,335 | $ | 166,465 | $ | 216,840 | $ | 33,265 | |||||||
Assuming that joint product costs are allocated using the net realizable value method, what were the total costs assigned to Product B?
Multiple Choice
-
$78,110.
-
$77,906.
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$77,110.
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$79,396.
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