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FinnZ [79.3K]
2 years ago
10

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the

split-off point total $360,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows:
Business
1 answer:
Mumz [18]2 years ago
4 0

Product A and Product C should be sold at the split-off point    

Product B should be processed further.

<h3 /><h3>    What is the meaning of joint costs?</h3>

A joint cost is an expenditure that benefits more than one product, and for which it is not possible to separate the contribution to each product.

The accountant needs to determine a consistent method for allocating joint costs to products.

<h3>How to calculate joint variable cost?</h3>

One of the simplest methods to apportion joint cost is the average unit cost method.

Here, the average cost per unit is calculated by simply dividing the total cost of all the joint products incurred before their splitting-off, by the total of the number of units produced all together.

Learn more about joint cost here:

<h3>brainly.com/question/15276894</h3><h3 /><h3>#SPJ4</h3>

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Since 1884, climate records have been kept, and they show that Philadelphia experiences an average yearly snowfall of 22.3 inches. An illustration of descriptive statistics is this value.

<h3>What is descriptive statistics in statistics?</h3>

The fundamental characteristics of a dataset identified in a particular study are described, illustrated, and summarized using descriptive statistics. The summary provides details on the data sample and its measurements. Analysts will understand the data more readily as a result.

<h3>What can we conclude from descriptive statistics?</h3>

The features and value distribution of one or more datasets are summarized using descriptive statistics. The central tendency and degree of value dispersion in datasets can be quickly viewed by analysts using the traditional descriptive statistics.

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6 0
1 year ago
It is important for an entrepreneur to have ___________ when approaching an angel investor or venture capitalist
Mashcka [7]

It is important for an entrepreneur to have <u>area of specialization</u> when approaching an angel investor or venture capitalist

Just as the venture capitalist has to be careful in selecting his investment, the entrepreneur should also take several factors into account while selecting a venture capitalist. The entrepreneur should take care in selecting the right venture capitalist to approach based on the venture capitalist's area of specialization.

The entrepreneur while approaching venture capitalist should have a  detailed and well organized business plan as is the only way to gain a venture capitalists attention and obtain funding. They do not invest on a two page summary.

Hence, it is important for an entrepreneur to have area of specialization.

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brainly.com/question/15079917

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8 0
1 year ago
Kevin works in an airline office. He has a habit of visiting social networking sites on his office computer during work hours. W
andreyandreev [35.5K]

Option e, using company resources for personal use

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3 0
2 years ago
Read 2 more answers
There are zero coupon bonds outstanding that have a YTM of 5.97 percent and mature in 19 years. The bonds have a par value of $1
Fed [463]

Answer:

market price = $1,104.20

Explanation:

yield to maturity of zero coupon bonds = (face value / market price)¹/ⁿ - 1

  • YTM = 5.97%
  • n = 19 x 2 = 38
  • face value = $10,000

(face value / market price)¹/ⁿ = YTM + 1

face value / market price = (YTM + 1)ⁿ

market price = face value / (YTM + 1)ⁿ

market price = $10,000 / 1.0597³⁸ = $10,000 / 9.0563 = $1,104.20

8 0
3 years ago
In a free-market economy, a product which entails a positive externality will be: overproduced underproduced produced at the opt
OLga [1]
It would be under-produced. <span />
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3 years ago
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