answer 5,6

QUESTION 5 6 p. Boron Refiners had 50,000 gallons started in its process in June. At June 30, 35,000 gallons were completed and transferred to finished goods and 10,000 gallons were still in process, one-fourth completed as to materials, labor and overhead. The remaining 5,000 units were lost to evaporation, a normal result of the process. Costs of production during the month were $75,000, 850,000, and $25,000 for material, labor and overhead, respectively. What is the cost per equivalent unit in June? a $3.75 b. $3.53 c. $4.00 d. $3.33 6 poir QUESTION 6 Braun Company produces two chemical compounds, Herzog and Lomax from a joint process. Joint costs to produce 500 gallons of Herzog and 300 gallons of Lomax were $80,000. A by-product, Horst, results from the joint process and has a market value of $1,000. Assuming Braun accounts for the by-product as a reduction in the costs assigned to the products, what are the joint costs assigned to Herzog? a. $50,000 b. $39,500 c. $40,000 d. $49,375