Question: .Joint products A, B and C are produced by JNT Corp. For the month just ended, these data are available: * (2 Points) A

.Joint products A, B and C are produced by JNT Corp. For the month just ended, these data are available: * (2 Points) A 8,500 P10,200 8,400 B 9,700 C 6,900 P6,900 6,400 P4 Units produced Processing costs after split off Units sold P6 Ultimate selling price per unit There were no beginning inventories, and joint cost data during the month amounted to P49,830. Assuming the average unit cost method is used in apportioning the joint costs, the cost per units is P19,400 9,700 P5

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To calculate the cost per unit for each of the joint products A B and C we need to use ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Study the information given below and answer the following questions: (25 Marks) 1.1 Calculate the Payback Period of both machines (answers expressed in years, months and days). (5 marks) 1.2 Which...

Julie H. Hertenstein ABSTRACT: Component Technologies, Inc. (CTI) manufactures components used in electronic devices. CTI is considering adding manufacturing capacity for FlexConnex to meet increased...

The Easton plant produces sheet metal chassis for flat- panel televisions. The chassis are man-ufactured on a computerized, numerically controlled (NC) machine that cuts, drills, and bends the metal...

this is a final review in the attachment. I know how to do most of it but just want to compare the results. 1. Use the following information to determine the gross margin for Pacific States...

i need help with my accounting test prep, i have exam on Friday and i need someone who will help me work this out, for me to understand and be able to tackle my exam on my own PRACTICE FINAL 1. Use...

I need help for those question . E4.16 E18.4 E19.7 P22.4 E23.4 E18.10 E22.10 CHAPTER 4 EXERCISES: SET B E4-1B The trial balance columns of the worksheet for Lamar Company at June 30, 2017, are as...

I have attached the corresponding lessons for assignment 8, it usually includes practice problems at the bottom that look similar to the assignment. ASSIGNMENT 7 JOB ORDER COSTING Directions: After...

Make a project proposal about building and completing a single-family home in a suburban area. Within your proposal, describe the scope of your project. Include a SWOT analysis to show the strengths,...

3. (10 points) Find the length of the part of the curve 2 R(t) = t + + 1 t F between the origin and the point (1, 2/2, 1/3).

0 Skills and Applications Writing an Exponential Equation In Exercises 7-10, write the logarithmic equation in exponential form. For example, the exponential form of log, 25 = 2 is 5 = 25. 7. log4 16...

In 6-8 find the velocity v(t) and position s(t) at time t> 0 of a material particle that moves without friction along a straight line, when its acceleration, initial position, and initial velocity...

A die is rolled and value is recorded. The table shows the results of 20 rolls. 1 5 5 2 5 1 5 65 2 LQ 5 LO 5 2462 6 33 5 2 2 (a) Complete the probability distribution table. X P(X) 1

Uncle Cosmo plans to build a factory. It will cost $ 1 , 0 0 0 , 0 0 0 . He expects the after - tax cash inflows to be $ 2 3 0 , 0 0 0 annually for 6 years, after which he plans to scrap the...

A company's flexible budget for 21,000 units of production showed sales, $96,600; variable costs, $27,300; and fixed costs, $24,000. The contribution margin expected if the company produces and sells...

Let X be a random variable taking on values a1, a2, . . . , pr with probabilities p1, p2, . . . , pr and with E(X) = μ. Define the spread of X as follows: This, like the standard deviation, is a...

One of the goals of forming _______ groups is to bring in new points of view and ideas. Question 7 options: A) culturally undifferentiated B) normative C) heterogeneous D) homogeneous

Differentiate master, operating, and financial budgets.

Tri-county Social Service Agency is a not-for-profit organization in the Midwest. Use the following information to complete the cash budget for the year ending December 31, 2010. The Board of...

Midwest Industries produces and distributes industrial chemicals in its Belco Division, which is located in Michigan's Upper Peninsula. Belco's earnings increased sharply in 2010, and bonuses were...

A child may sometimes play by quickly turning around in a circle. When the child stops, he or she often feels like his or her head is still spinning. What is responsible for this sensation? a. fluid...

The Mller-Lyer illusion is influenced greatly by ones a. culture. b. age. c. gender. d. level of intellect.

Allison opened her new jigsaw puzzle but soon realized that she had the same puzzle when she was a child. With her past experience to rely on, Allison will probably use __________ to help her...