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Dimas [21]
2 years ago
9

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

split-off point total $335,000 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:
Product Selling Price Quarterly Output
A $17.00 per pound 12,400 pounds
B $11.00 per pound 19,400 pounds
C $23.00 per gallon 3,600 gallons

Each product can be processed further after the split-off point. Additional processing requires no special facilities. The additional processing costs (per quarter) and unit selling prices after further processing are given below:

Product Additional Processing Costs Selling Price
A $63,720 $21.80 per pound
B $91,120 $16.80 per pound
C $37,360 $30.80 per gallon

Required:
a. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point?
b. Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which product or products should be processed further?
c. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point?
Business
1 answer:
g100num [7]2 years ago
8 0
Have no clue sorry that is not the answer
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Which of the following is an inconsistency of using market multiples to determine value? A) Using a market multiple assumes that
VikaD [51]

Answer:

B) Using a market multiple assumes that the target company is mispriced, while comparable companies are correctly priced.

Explanation:

Market Multiple, also known as trading multiples, is used to compare two financial measures, to determine the value of a company. It is another name for Price to Earnings Ratio (also called P/E Ratio).

Using the market multiple approach, investors can determine whether stocks in their portfolios will increase or decrease in price through the next term. Investors may then buy or sell stocks in order to maximize their expected gains calculated.

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3 years ago
Nadine is retiring today and has $96,000 in her retirement savings. She expects to earn 5.5 percent, compounded monthly. How muc
Ann [662]

Answer:

The monthly withdrawal is $701.10  

Explanation:

The monthly withdrawal can be computed with PMT formula using excel spreadsheet.

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However, the rate of 5.5 % given in the question is a yearly rate,but the requirement of the question is monthly withdrawal, hence the rate is divided by 12 months to reflect a monthly rate i.e 5.5%/12

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The computation of the pmt based on the above highlighted points is found in the attached.

Download xlsx
6 0
3 years ago
1-a. Allocate the lump-sum purchase price to the separate assets purchased. 1-b. Prepare the journal entry to record the purchas
marin [14]

Answer:

1. a. Allocated prices

First add the market values = 444,150 + 255,150 + 56,700 + 189,000 = $945,0

00

Building allocated price                                     Land allocated price

= 444,150/ 945,000 * 830,000                        = 255,150/945,000 * 830,000

= $‭390,100‬                                                           = $224,100

Land improvement allocated price                  Four vehicles allocate price

= 56,700/945,000 * 830,000                          = 189,000/945,000 * 830,000

= $49,800                                                        = $166,000

b. Journal entry

Date                 Account Details                             Debit                   Credit

Jan. 1, 2017      Building                                       $390,100

                        Land                                            $224,100

                        Land improvement                     $49,800

                        Vehicles                                      $166,000

                        Cash                                                                         $830,000

2. Depreciation on building using straight-line method.

= (390,100 - 28,000) / 15

= $‭24,140‬

3. Depreciation on land improvements using double declining method.

First do straight line:

= 49,800/ 5 years

= $9,960

Straight line rate of depreciation = 9,960/49,800 = 20%

Double declining will be twice that rate = 40%

Depreciation = 40% * 49,800

= $‭19,920‬

4 0
3 years ago
If 60% of the population is female and 30% of females buy physical therapy services, and 70% of men buy physical therapy service
Maslowich

Answer:

Men.

Explanation:

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28% > 18%

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Answer:

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2: C. fining the corporation.

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5: C. a misdemeanor.

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10: C. arraigned

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3 years ago
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