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algol [13]
3 years ago
13

Zoie makes 2 products from a common input. Each product may be sold at the split-off point or processed further. The following i

s known about each product: Product 1 Product 2 Allocated joint processing costs 21200 35700 Sales value at split-off point 38100 19200 Costs of further processing 17000 19900 Sales value after further processing 30000 28300 What is the minimum amount the company should accept if Product 1 is sold at the split-off point
Business
1 answer:
Ymorist [56]3 years ago
5 0

Answer:

Zoie

The minimum amount the company should accept if Product 1 is sold at the split-off point is:

= $30,000.

Explanation:

a) Data and Calculations:

                                                          Product 1    Product 2

Allocated joint processing costs         21,200        35,700

Sales value at split-off point                38,100        19,200

Costs of further processing                17,000        19,900

Sales value after further processing 30,000       28,300

The minimum amount the company should accept if Product 1 is sold at the split-off point is $30,000.

b) Further processing of Product 1 does not make economic sense.  Zoie should sell the product at split-off point at $38,100.  Similarly, based on the facts provided, Product 2 hardly deserves further processing.

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Explanation:

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These people can make use of the website to search for their next job.

3 0
3 years ago
Pell Company acquires 80% of Demers Company for $500,000 on January 1, 2010. Demers reported common stock of $300,000 and retain
natulia [17]

Answer:

$74,400

Explanation:

Pell Company

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Controlling Interest Share of Net Income for 2010- Excess Fair value Annual Amortization

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8 0
3 years ago
Hope College is planning for the next biennium. School administrators know that the enrollment is on the decline, but still need
Alekssandra [29.7K]

They can accomplish this through early retirement.

<h3><u>Explanation:</u></h3>

Early retirement is a way that we use to stop or discontinue something. Most of the aged person tends to choose early retirement for the purpose of achieving the benefits form the organisation to the most possible level. This decision can be taken when we know that the organisation will be closed in the near future and continuing work will not benefit us.

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7 0
3 years ago
On January 1, 2021, Legion Company sold $240,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December
slavikrds [6]

Answer:

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Bond interest expense=$150,272*5%

Bond interest expense=$7,513.6

Bond interest expense=$7,514 Approximately

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6 0
3 years ago
Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fi
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Answer:

Please consider the following explanation

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8 0
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