Question: Exam 2 ch 5 8 1 4 9 1 1 and 1 5 Question 2 0 of 2 4 2 . 2 2 1 7
Exam ch and
Question of
Linda is looking back at her work from last year, when she allocated the company's lay process costs to its three products. She knows that the company has historically used the NRV method to allocate joint costs. Unfortunately, tt printout that she has of the frat allocations and supporting detail is only partilly fegle Yersee Defert crilend. set the sprinklers off in the office last week, and Linda's printout was the recipient of most of that water. Here is a replication of what she could see from the printout; she noted missing information with lowercase roman numerak.
tableAhBay,Say,TotalUrits produced available at splitoff point,Sales value near unit st splitdf point,$vUnits produced available after further processing,viFinal sales value per unit after further processing,$$viiFurther processina costs,$$vi$Allocated joint costs,a$$$
a
Your Anwer Correct Answer Meed
fillin the maning detais for each product.
tableBay,,,Say,,,,$$$$$m$M Gaal
Writes
Mpus
hown
thress
Nere town
Exam Ch and
Question of
b
Your Answer Correct ArowerUsed
If lindatemenument thistestured the physical quantities method for allocating joint costshow different would the allocated conts have been for each productRound proportion fo declmal placeseg and final answers to decimal placesesEnter negative amounts using either a negative sipn preceding the number es or parentheses esDo not leave any answer field blank Enter for amounts
tableAhBayDifference in allocated fatherarts,
c
Under the existing NAIV methodwhich product has the highest gross margin percentage assuming at quareities available after forther procesing are sold for the given priceRound anwers to declanal placese X
tableGrossAnBay,,Say,margin totio,,
Froduct has the highest gross margin percentage Alf quantites wallate we sodd for the geven price after forther processinalRovid answers to decladplaces
tableGrossAhBay,Sovy,marginratio
Product has the highest goss magin percentage
eTextbook and Media
Seventarter
Altempts of used
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
