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
g100num [7]
3 years ago
14

Denise Company manufactures three products from a joint process. Joint costs for the year amounted to​ $250,000. The following d

ata was​ available: Product Units Produced Sales Value at Splitminusoff X ​5,000 ​$70,000 Y ​3,000 ​$30,000 Z ​2,000 ​ $100,000 Assume the relativeminussalesminusvalue method of allocating joint costs is used. What amount of joint costs is allocated to Product​ X?
Business
1 answer:
prohojiy [21]3 years ago
8 0

Answer:

Product X is allocated with 87,500 dollar of the joint cost.

Explanation:

We allocate the values considering the weight of their sales value:

Joint cost: 250,000

We add up the sales values and then calcualte how much each product contributes to that.

Then we multiply that weight or percentage of sales revenue by the joint cost to get the allocated on each product.

\left[\begin{array}{cccc}$Product&$Sales&$Weight&$Cost\\X&70000&0.35&87500\\Y&30000&0.15&37500\\V&100000&0.5&125000\\Total&200000&1&250000\\\end{array}\right]

You might be interested in
A type of real estate investment that offers diversification and liquidity and that is similar in form to a mutual fund is calle
Alex777 [14]

Answer: REIT

Explanation: A real estate investment trust, REIT, can be defined as an investment firm specialized in securities related to companies operating in real estate industries.

Such trust pool the money from investors and invest it in real estate securities. REIT gives the investors the exposure of real estate in their portfolios and invests like mutual funds.

4 0
3 years ago
Barb is trying to take control of her time by using an online time tracking system that tracks her time spent on tasks and proje
solniwko [45]

Answer:

Habit Loop

Explanation:

Habit Loop -

It is a type of loop , which runs in the brain of the human being , and functions to govern the habit , is referred to as habit loop .

The habit loop has three components , i.e. , reward , routine , and cue  .

The proper knowledge of these components enables the person to have command of their habits and can easily remove the bad habits and inculcate the good ones .

Hence , from the given scenario of the question,

The correct term is habit loop .

5 0
3 years ago
Under _________dividend reinvestment plan, the company gives any cash dividends that investors would have received in a bank, wh
ankoles [38]

Answer:

Old Stock

Explanation:

The Dividend Reinvestment Plan is a platform where investors or shareholders in a company, reinvest the dividends they gained into more shares sold by the same company, most times without having to pay commissions.

Under the <em>Old stock dividend reinvestment plan, </em>an outside trustee, that is, a member of the board who is not an officer in the company, repurchases the company's existing shares in the stock market and then allocates the shares purchased among the stockholders. They sell the shares at market price. Most times, in order to encourage shareholders participation the company making the repurchase takes care of the commission fees.

8 0
3 years ago
Whether a firm has growth or value and how this firm characteristic affects an estimate of the cost of equity is called the ____
Dahasolnce [82]
It is called value factor. There are two kinds of value factor one is present value factor and second is future value factor. The business or anything in the business has their value on their own. The future value factor is used to calculate the future value of the amount per dollar of its present value. It is the amount greater than a dollar and you can see this on the table when you calculate the future value or FV. Present Value factor is based on the time and money when you borrow or it is the debt that can grow in the span of time. 
5 0
3 years ago
In the workplace today, more emphasis is being put on mental health. But sometimes, employees don't want to be seen as being una
KonstantinChe [14]

Answer:

12346f

Explanation:

vhhfguuy5

8 0
2 years ago
Other questions:
  • Mauve company permits employees to occasionally use the copying machine for personal purposes. the copying machine is located in
    15·1 answer
  • ​________ is/are an element of the vulnerability phase in retailing.
    11·1 answer
  • Maroon hotels inc. is using the behaviorally anchored rating scale (bars) method of employee performance appraisal. what is the
    10·2 answers
  • All of the following entities would have a need for managerial accounting information except:Multiple Choice
    8·1 answer
  • How does a high unemployment rate affect the economy
    7·1 answer
  • Menthorp Inc. wants to design a variable-pay plan that fosters teamwork and business knowledge of its employees. In order to ens
    10·1 answer
  • Due to increased mailing costs, the new rate will cost publishers $50 million: this is 12.5 % more than they paid the previous y
    14·1 answer
  • Equipment costing $70,000 with a salvage value of $14,000 and an estimated life of 8 years has been depreciated using the straig
    6·2 answers
  • Unit cost of materials for a department using the FIFO method of process costing is found by taking the total cost of materials
    11·1 answer
  • Statz Company had sales of $1,800,000 and related cost of goods sold of $1,150,000 for its first year of operations ending Decem
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!