Question: 2/2.please answer the question clearly show all steps and box final answer orgnized. Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost
Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity Information is as follows: Quantity at Sales Price Joint Cost Cereat Sput-off Point per kilogram $104,000 Yummies 13, 400 kilograms $7.40 Crummies 9,400 kilograms 8.90 Required: Use the relative-sales-value method to allocate Breakfasttime Cereal Company's joint production cost between Yummies and Crummies. (Round intermediate calculations of Relative Proportions to 3 decimal places and final answers to the nearest dollar amount.) Sales Value at Split-off Point Allocation of Joint Cost Yummies Crummies Total $ 0 $ 0
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
