Chem manufacturing company processes direct materials up to the split - off point where two products (X and Y) are being obtained and sold the following information was collected for the month of November:

Direct materials process: 10,700 gallons (10,700 gallons yields 10,200 gallons of good product in 500 gallons of shrinkage)

Production:

X: 5,800 gal.

Y: 4,400 gal.

Sales:

X: 5,500 @ $150 per gal.

Y: 4,150 @ $90 per gal.

The cost of purchasing 10,700 gallons of direct materials and processing it up to the split off point to yield a total of 10,200 gallons of good products was $1,150,000. The beginning inventories totaled 40 gallons for X and 370 gallons for Y. Ending inventory amounts reflected 595 gallons of product X and 830 to 500 gallons of product Y. October cost per unit were the same as November. Using the physical - value method what is product X's approximate gross margin percentage? Round all intermediary calculations two decimal places

Y Chem Manufacturing Company processes direct materials up to the split-off point where to products X and Y) are obtained and acid. The following information was collected for the month of November Direct material processed 10.700 gallons (10.700 golion yield 10.200 gation of good product and 500 gallons of shrinkage) Production 5.800 gallons 4.400 gallons Salos 5,550 $150 per gallon 4,150 M 590 person The cost of purchasing 10,700 gallons of direct materials and processing it up to the split-off point to yield a ton of 10.200 gallons of good products was $1,150.000 The beginning inventories toled 40 or for and 370 gations for Y. Ending inventory amounts reflected gallons of Product X and 832 500 gallons of Product Y. Odober conta per un were the same as Novet Using the physical volume method, what is Product X's approximate gross - megin percentage? (Round all intermediary calculations have decimal places OA 57% D. 29 OC 25% OD 33%