1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>

You might be interested in
Below is the aging of receivables schedule for Evers Industries. Aging-of-Receivables Schedule November 30 Customer Balance Not
Murrr4er [49]

Answer:

uncollectible ammount expense 47,972 debit

            allowance for doubtful account    47,972 credit

Explanation:

Fro mthe talbe we are given the amount of account over-time fro meach customer.

As we are presented with all date we should proceed directly with the journal entry:

the aging method stated an allowance of       60,727

the current balance is for                            <u>     (12,755)   </u>

the adjustment will be for:                         <em>       47,972 </em>

5 0
3 years ago
Karlie wants to be an anthropologist. What is the academic requirement for this job?
Harlamova29_29 [7]
There are a couple of academic requirements for an anthropologist job. If Karlie wants to be start at an entry level anthropologist job she will need a bachelor's degree. If Karlie wants to start at an advanced level, she will need a doctoral or master's degree. 
8 0
3 years ago
Example of monopoly???
vladimir2022 [97]
Telemarketing companies that are the only one that operates in a certain area.

Hope this helps!
3 0
3 years ago
Alaska Mining Co. acquired mineral rights for $67,500,000. The mineral deposit is estimated at 30,000,000 tons. During the curre
Vladimir79 [104]

Answer:

a. Depletion rate  = $2.25

b. Account                                                              Debit($)                Credit($)

Depletion expense                                              9,000,000

Accumulated depletion expense                                                  9,000,000

<u>Being depletion expense for the year.</u>

Explanation:

Depletion expense refers to the loss in value of a long term asset due to reduction in producing capacity  of the asset. The depletion is recognized as an expense in the income statement of the relevant year.

To determine depletion expense, depletion rate is needed which can be derived by dividing the total value of the asset net of its residual value (if any) by the total producing capacity of the asset.After this, the depletion rate is used to multiply the production units of the current year.

Here is the formula for depletion rate:

a. Depletion rate = Total value of the asset - residual value

Total production capacity

Here is the formula for depletion expense

b. Depletion expense = Depletion rate x current year production units  

a. Depletion rate = $67,500,000

30,000,000

Depletion rate = $2.25

b. Depletion expense = $2.25 x 4,000,000

= $9,000,000

Note: Accumulated depletion expense account is the corresponding account for depletion expense account.

6 0
3 years ago
A PPO uses a discount on charge arrangement. Marie incurred total charges by a hospital of ​$20 comma 300​, and the percentage p
Radda [10]

Answer:

$2,842

Explanation:

total amount that the PPO will pay = $20,300 x 70% = $14,210

Marie has to pay 20% of that amount = $14,210 x 20% = $2,842

A preferred provider organization (PPO) is a type of healthcare insurance that provides discounts if you use their network physicians and providers. In this case, Marie received a 30% for going to that hospital.

8 0
3 years ago
Other questions:
  • What are some reasons people dont manage their money well for the future?
    8·1 answer
  • Financial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable interest rate.
    13·1 answer
  • What form of pay equity exists when employees are paid according to the differences in job characteristics within the company?
    5·1 answer
  • The ultimate goal of any product costing system for a manufacturer is to determine the cost of producing one unit of product.
    13·1 answer
  • Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in
    8·1 answer
  • Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicat
    11·1 answer
  • Major reasons for disclosure of deferred income tax information is (are)
    9·1 answer
  • How can i make an assessment about tourism <br><br><br>​
    10·1 answer
  • Ryan orders 16 dozen fishing lures from Strike Right for $375. When he gets the invoice, he is furious that $25 in freight charg
    15·1 answer
  • Question
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!