Nn.18.Subject :- Account Gary Corporation produces products X, Y, and Z from a single raw material inputBudgeted data for the next month is as follows:Units producedPer unit sales value at split-offAdded processing costs per unitPer unit sales value if processedfurtherA)B)C)D)If the cost of the raw material input is $83,000, which of the products should beprocessed beyond the split-off point?Product X Product Y Product 2yesyesnoyesnononoyesyesMultiple ChoiceProduct X Product Y Product Z2,0002,5003,500$15$20$5$7$24$29yesnoyes$19$7$24

Name: Nn.18.Subject :- Account Gary Corporation produces products X, Y, and
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Description: Nn.18.Subject :- Account Gary Corporation produces products X, Y, and Z from a single raw material inputBudgeted data for the next month is as follows:Units producedPer unit sales value at split-offAdded processing costs per unitPer unit sales value

A split-off is a type of corporate reorganization in which a parent company separates a subsidiary…

Answered: Gary Corporation produces products X,…

Business

Accounting

Gary Corporation produces products X, Y, and Z Budgeted data for the next month is as follows:

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 5PB: Ardt-Barger has a beginning work in process inventory of 5.500 units and transferred in 25,000 units...

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During the week of August 21, Parley Manufacturing produced and shipped 4,000 units of its machine tools: 1,500 units of Tool SK1 and 2,500 units of Tool SK3. The cycle time for SK1 is 0.73 hour, and the cycle time for SK3 is 0.56 hour. The following costs were incurred: Required: 1. Assume that the value-stream costs and total units shipped apply only to one model (a single-product value stream). Calculate the unit cost, and comment on its accuracy. 2. Assume that Tool SK1 is responsible for 60% of the materials cost. Calculate the unit cost for Tool SK 1 and Tool SK3, and comment on its accuracy. Explain the rationale for using units shipped instead of units produced in the calculation. 3. Calculate the unit cost for the two models, using DBC. Explain when and why this cost is more accurate than the unit cost calculated in Requirement 2.
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