Question: Husky Orchards processes apples into apple juice, apple sections, and applesauce. During 2 0 X 2 , Husky Orchards processed 5 0 0 , 0
Husky Orchards processes apples into apple juice, apple sections, and applesauce. During X Husky Orchards processed kilograms of apples. The joint costs of processing the apples were $ Following the joint process, the separate products can be further processed with no loss of volume. There were no beginning inventories at the beginning of
Production and sales value information for X were as follows:
tableABCDtableNumber ofCasestableSales Valueat SplitOfftableSeparablecoststableFinalSelling PriceJuice$ per case,$$ per caseSections$ per case,$$ per caseSauce$ per case,$$ per case
REQUIRED: SHOW YOUR DETAILED CALCULATIONS
Assume that Husky Orchards uses the Net Realizable Value Method to allocate joint costs and processes all products to their final state. Allocate the joint costs among the joint products.
On January of a flood destroyed cases of Juice and cases of Sauce remaining in inventory. What is the value of the destroyed inventory?
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