Snake River Sawmill manufactures two lumber products from a joint milling process. The two products developed...
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Snake River Sawmill manufactures two lumber products from a joint milling process. The two products developed are mine support braces (MSB) and unseasoned commercial building lumber (CBL). A standard production run incurs joint costs of $480,000 and results in 78,000 units of MSB and 108,000 units of CBL. Each MSB sells for $4, and each unit of CBL sells for $8. Problem 17-27 Part 1 Required: 1. Calculate the amount of joint cost allocated to commercial building lumber (CBL) on a physical-units basis. (Round the calculation of "Relative Proportion" to the nearest whole percent. Round your final answer to the nearest dollar amount.) Joint cost allocated to CBL Problem 17-27 Part 2 2. Calculate the amount of joint cost allocated to the mine support braces (MSB) on a relative-sales value basis. (Round the calculation of "Relative Proportion" to the nearest whole percent. Round your final answer to the nearest dollar amount.) Joint cost allocated to MSB Snake River Sawmill manufactures two lumber products from a joint milling process. The two products developed are mine support braces (MSB) and unseasoned commercial building lumber (CBL). A standard production run incurs joint costs of $480,000 and results in 78,000 units of MSB and 108,000 units of CBL. Each MSB sells for $4, and each unit of CBL sells for $8. Problem 17-27 Part 1 Required: 1. Calculate the amount of joint cost allocated to commercial building lumber (CBL) on a physical-units basis. (Round the calculation of "Relative Proportion" to the nearest whole percent. Round your final answer to the nearest dollar amount.) Joint cost allocated to CBL Problem 17-27 Part 2 2. Calculate the amount of joint cost allocated to the mine support braces (MSB) on a relative-sales value basis. (Round the calculation of "Relative Proportion" to the nearest whole percent. Round your final answer to the nearest dollar amount.) Joint cost allocated to MSB
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