Compute the gross margin percentage for each product sold in December using the different methods for allocating the \$105,000 joint cost: Sales value of total Joint costs production at split-off Weighting allocated A 75000 B 62500 C 60000 D 67500 265000 additional info: Product A 275,000 gallonsProduct B 100,000 gallonsProduct C 75000 gallonsProduct d 50,000 gallonsthe joint cost of purchasing

This problem has been solved!

Compute the gross margin percentage for each product sold in December using the different methods for allocating the \$105,000 joint cost:

 Sales value of total Joint costs production at split-off Weighting allocated A 75000 B 62500 C 60000 D 67500 265000

 Product A 275,000 gallonsProduct B 100,000 gallonsProduct C 75000 gallonsProduct d 50,000 gallonsthe joint cost of purchasing and processing the crude vegtable oil were 105,000. sunny had no begining or ending inventoryes. sales of product c in december were 45,000 products A, B, and D, were further refined then sold. data related to December are as follows : Separable Processing Costs to Make Super Products Revenues Super A \$240,000 \$375,000 Super B 60,000 150,000 Super D 45,000 75,000

sunny had the option of selling products a, b and d at the split-off point. this alternative would have yielded the following revenues for the December production:

product A- 75,000

Product B - 62,500

Product D- 67,500

Related Book For