Answer:
B. Market Value Method
Explanation:
First, it should be noted that Joint Product costing method allocates joint costs based on the the value of sales per time. Furthermore, Joint costs ratio to the value of sales remains the same for all the products that are evaluated based on the method. When we talk of value of sales, we are automatically referring to the value at which the market receives the product or buys the product so this is market value method.
The implication of this, is that the gross profit percentage used for all the products undert this costing method will be the same. oint product costing method.
This costing method is usually employed by a business when maunfacturing process of the production process of goods is such that there is a stage where products are split off for different reasons. The production costs or manufacturing costs before the split of must be allocated threfore, a costing method (Joint Product Costing Method or Market Value Method) is assigned.
Answer:
Al Manara Company sells its single product for $ 30 per unit. The contribution margin ratio is 45%; and fixed costs are $ 10,000 per month Required If Al
Explanation:
Answer:
the warranty may have expired
Explanation:
- Warranty is not guaranteed. This is just a promise. It can be enforced if specified by the award for legal compensation for damages
- Warranty is a condition of the contract or the innocent word "does not go to the source of the contract" and only damages the innocent party
- Sometimes manufacturers allow you to purchase an extended warranty after your original warranty expires.
- If you do not have any warranty compared to the equipment installed by the original equipment manufacturer (OEM), it is difficult to confirm.
Answer:
the total manufacturing overhead allocated is 610
Explanation:
The computation of the manufacturing overhead allocated is as follows;
= Assembly department + sandling department
= 50 × 11 + 15 × 4
= 550 + 60
= 610
Hence, the total manufacturing overhead allocated is 610
We simply applied the above formula so that the total manufacturing allocated to Job 603 could come