Jagger, Inc. production begins in Department A with 1,000 kilograms of material, of which 40% goes...
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Jagger, Inc. production begins in Department A with 1,000 kilograms of material, of which 40% goes to Department B, 50% to Department C, and the rest evaporates. From Department C, 72% goes to Department D, 24% to Department E, and the remainder is scrapped. There are no intermediate markets. By-product sales are treated as miscellaneous income. The following occurred during the month: Department Costs Sales Product Type $20,000 5ļ000 30,000 20,000 10,000 А В $10,000 Ву-product Main-1 60,000 30,000 E Main-2 If Jagger uses the physical output method, the total cost of Main-1 is: a) $40,455 *b) $57,500 c) $42,500 d) $52,500 Jagger, Inc. production begins in Department A with 1,000 kilograms of material, of which 40% goes to Department B, 50% to Department C, and the rest evaporates. From Department C, 72% goes to Department D, 24% to Department E, and the remainder is scrapped. There are no intermediate markets. By-product sales are treated as miscellaneous income. The following occurred during the month: Department Costs Sales Product Type $20,000 5ļ000 30,000 20,000 10,000 А В $10,000 Ву-product Main-1 60,000 30,000 E Main-2 If Jagger uses the physical output method, the total cost of Main-1 is: a) $40,455 *b) $57,500 c) $42,500 d) $52,500
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Answer 57500 Calculated as Total Input in A 1000 kg 50 to Dept C 50 of 10... View the full answer
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