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
umka2103 [35]
3 years ago
6

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

split-off point total $390,000 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 $ 28.00 per pound 14,600 pounds B $ 22.00 per pound 22,700 pounds C $ 34.00 per gallon 5,800 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 $ 91,990 $ 33.90 per pound B $ 133,305 $ 28.90 per pound C $ 62,660 $ 42.90 per gallon Required: 1. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point
Business
1 answer:
yKpoI14uk [10]3 years ago
6 0

Answer:

                                                                  Product A   Product B  Product C

Sales value after further processing       $494,940   $656,030   $248,820

(14,600*$33.90), (22,700*$28.90),

(5,800*$42.90)

Costs of further processing                      <u>$91,990</u>     <u>$133,305</u>    <u>$62,660</u>

Benefits of further processing                 $402,950   $522,725   $186,160

Less: Sales value at split-off point           <u>$408,800</u>   <u>$499,400</u>   <u>$197,200</u>

(14,600*$28.00), (22,700*$22.00),

(5,800*$34.00)

Net advantage / (Disadvantage)            <u>$(5,850)</u>     <u>$23,325 </u>      <u>$(11,040)</u>

You might be interested in
At the year-end, Encore Company has a product for inventory that was purchased at a cost of $23. The product's expected selling
allsm [11]

Answer:

$21

Explanation:

As we know that

The inventory should be recorded in the books of accounts by applying the lower value of cost or net realizable value

In the given case

The cost is $23

And, the net realizable value is

= Expected selling price - selling cost

= $36 - $15

= $21

So by comparing the cost and net realizable value, the net realizable value contains the lower value i.e $21 and the same is recorded on the balance sheet for inventory

6 0
3 years ago
If your payment history counts for 35% of your credit score and the type of credit you use accounts for 10% of your score, which
ivolga24 [154]
You'll want to establish a clear payment history, your payment history, or also known as your payment performance is the record you have by paying your bills on time, or not.. so yeah just having a clear payment history will help you out alotttt
6 0
3 years ago
Prices of products are often higher in a foreign country than the home country due to transportation charges, taxes, tariffs, an
Genrish500 [490]

Answer:

Option E Price Escalation

Explanation:

Price Escalation is when the government imposes additional taxes on the product which is exported to their country, this makes the product expensive and the customer as a result don't buys that product. Such type of increases in prices are known as price escalation.

7 0
3 years ago
Reggie, a resident of South Dakota, has an accident with Toby, a resident of Utah, while driving through that state. Toby files
Tanya [424]

Answer: in personam jurisdiction

Explanation: The “long-arm statute,” is a law in majority of states that explains when a court can have in personam jurisdiction over parties who do not reside in that state. Certain conditions must be met for the court to have this jurisdiction. In general, the cause of action should have occurred in the state where the case is being filed; the defendant was personally served with the court papers in the state; or the defendant has a minimum contact with the state.

In personam jurisdiction is defined as a court's jurisdiction over the parties in a lawsuit, that is, it has both the authority to rule on the law and evidences of a suit and the power to enforce its decision upon all parties to the suit.

7 0
3 years ago
Three examples of capital as a factor of production, and explain how it is different from land?
Morgarella [4.7K]
<span>Capital as a factor of production is defined as the tangible products made by labor.
</span>Land as a factor of production means not just the surface of the earth, but everything in the universe that wasn't created by people. This includes all natural resources, such as air, water, plants, sunlight, rocks, and minerals. 
Examples:
1) Clothes ( because you have to be clothed)
2) Milk ( you immediately want to consume it)
3) Wine ( grapes go in wine comes out) 
You don't need to use the parenthesis I just wanted to explain to help you understand. 

4 0
3 years ago
Read 2 more answers
Other questions:
  • Parul Janta has just begun to understand French culture, even though she has lived in France for two years. She is nearly fluent
    15·1 answer
  • which will typically decrease with large number of units produced, fixed costs, total variable costs, fixed cost per unit, varab
    12·1 answer
  • Lasley Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat
    5·1 answer
  • New England Co. had net cash provided by operating activities of $351,000; net cash used by investing activities of $420,000; an
    12·1 answer
  • The ________ run by the u.s. department of labor enables public employment agency counselors to advise applicants about local an
    11·1 answer
  • The profit maximizing behavior of a monopoly is different from that of a perfectly competitive firm in that a monopoly can Quest
    13·1 answer
  • A bond with a $1,000 par value sells for $895. The coupon rate is 7%, the bonds mature in 20 years, and coupon interest is paid
    11·1 answer
  • The LM curve illustrates that when income increases:________.
    15·1 answer
  • They could increase Marco's motivation by:
    6·1 answer
  • What are 2 tools you can use to identify possible issues in quickbooks online company
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!