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Question
Data pertaining to a company's joint manufacturing process for the current period follows:
| Product | Product | |||
| A | B | |||
| Quantities produced | 200 lbs. | 100 lbs. | ||
| Processing cost after | ||||
| products are separated | $1,100 | $400 | ||
| Market value at point | ||||
| of separation | $8/lb. | $16/lb. |
What cost amount should be allocated to Product A for this period's $660 of joint costs on the basis of market value at the point of separation?
A. $330.00
B. $440.00
C. $220.00
D. $194.12
E. $484.00
Answer
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Related questions
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Q:
Periods
12 Percent 1
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1.6901 3
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Q:
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Q:
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B. Yes, because income will increase by $23,000 in total.
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Q:
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B. $500 decrease
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Q:
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25 A. 15,000 croquet sets.
B. 12,000 volleyball games.
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76 A. Both product A and product B should be processed further.
B. Neither product A nor product B should be processed further.
C. Only product B should be processed further.
D. Only product A should be processed further.
E. A processing further decision cannot be made from the available data.
Q:
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A. Income will decrease by $7 per unit.
B. Income will increase by $7 per unit.
C. Income will increase by $12 per unit.
D. Income will decrease by $12 per unit.
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Q:
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$3 Fixed costs (in total) Overhead
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B. $45
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D. $50
E. $5
Q:
Assume markup percentage equals desired profit divided by total costs. What is the correct calculation to determine the dollar amount of the markup per unit?
A. Total cost times markup percentage.
B. Total cost per unit times markup percentage per unit.
C. Total cost per unit divided by markup percentage per unit.
D. Markup percentage per unit divided by total cost per unit.
E. Markup percentage divided by total cost.
Q:
Capital budgeting decisions are generally based on:
A. Tentative predictions of future outcomes.
B. Perfect predictions of future outcomes.
C. Results from past outcomes only.
D. Results from current outcomes only.
E. Speculation of interest rates and economic performance only.
Q:
If net present values are used to evaluate two investments that have equal costs and equal total cash flows, the one with more cash flows in the early years has the higher net present value.