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
lilavasa [31]
3 years ago
10

Differential Chemical produced 14,000 gallons of Preon and 28,000 gallons of Paron. Joint costs incurred in producing the two pr

oducts totaled $7,800. At the split-off point, Preon has a market value of $6.00 per gallon and Paron $2.00 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used.Multiple Choice$1,560.$5,845.$2,600.$4,680.$3,120.
Business
1 answer:
Sveta_85 [38]3 years ago
3 0

Answer: $4680

Explanation:

The joint cost allocated to Preon will be calculated below as:

Preon's value will be:

= 14000 × $6.00

= $84000

Paron's value will be:

= 28000 × $2.00

= $56000

Total value = Preon's value + Paron's value

= $84000 + $56000

= $140000

The joint cost allocated to Preon will be

= 7800 × 84000/140000

= $4680

You might be interested in
4) Identify the elements that are necessary to make a contract valid
____ [38]

Answer:ss

Explanation:

6 0
4 years ago
An increase in the cost of producing a good or service will cause a leftward shift of the supply curve. True False
TEA [102]

Answer:

True

Explanation:

An increase in the cost of production would cause some producers to stop production, supply would fall and the supply curve would shift to the left.

I hope my answer helps you

4 0
3 years ago
What is the end product of the accounting process?
Goryan [66]
In the accounting cycle, the last step is to prepare a post-closing trial balance.
3 0
4 years ago
Making decisions and taking actions to achieve a superior fit between the organization and its environment is.
MaRussiya [10]

Answer:

Making decisions and taking actions to achieve a superior fit between the organization and its environment is. strategic management

What is strategic management?

a process that uses vision, goals and objectives, internal, and external analysis, and implementation levers that can be used to help formulate and implement strategy.

8 0
2 years ago
Which of the following accurately describes total cost?a) It is the sum of the list price and incentives and allowances.b) It is
maksim [4K]

Answer:

It is the sum of the fixed costs and variable costs.

Hope this helps!

6 0
3 years ago
Other questions:
  • The concept of an "artificial being: refers to which form of business organization?
    10·1 answer
  • For every 20 minutes that jack spends on his homework, he spends 40 minutes at hockey practice. what is the ratio of the amount
    10·1 answer
  • every organization has a set of unwritten norms that mambers of the organization accept and understand and which guide their act
    11·1 answer
  • Direct and Indirect Costs Kubin Company's relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,
    5·1 answer
  • What are the key choices a company must make before reaching the final decision to go global?
    9·1 answer
  • the 360 degree feedback performance appraisal system tries to improve performance ratings by forcing managers to :
    9·1 answer
  • The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Account Title Debits Credit
    5·1 answer
  • HELP Question 3: To determine gross profit, A:subtract the cost of goods sold from sales.
    9·2 answers
  • Tanner-UNF Corporation acquired as an investment $300 million of 6% bonds, dated July 1, on July 1, 2021. Company management is
    11·1 answer
  • Roberta is taking the final course in the fourth semester of the Veterinary Technician program. When she reads the final project
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!