Harmon Inc. produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $85,000 was as follows: The amount of joint costs allocated to product L using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333 %, and round all dollar amounts to the nearest whole dollar): Harmon Inc. produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $85,000 was as follows: Separable Processing cost Units Produced Sales Value (after addt'l processing) L M N Total $11,000 $27,000 $5,000 $ 43,000 1,600 3,500 4,700 9,800 $64,000 $55,000 $13,000 $132,000 The amount of joint costs allocated to product L using the physical measure method is (calculate all ratios and percentages to 4 decimal places, example 33.3333%, and round all dollar amounts to the nearest whole dollar):
Harmon Inc. produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $85,000 was as follows: The amount of joint costs allocated to product L using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333 %, and round all dollar amounts to the nearest whole dollar): Harmon Inc. produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $85,000 was as follows: Separable Processing cost Units Produced Sales Value (after addt'l processing) L M N Total $11,000 $27,000 $5,000 $ 43,000 1,600 3,500 4,700 9,800 $64,000 $55,000 $13,000 $132,000 The amount of joint costs allocated to product L using the physical measure method is (calculate all ratios and percentages to 4 decimal places, example 33.3333%, and round all dollar amounts to the nearest whole dollar):
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 27E: Pacheco, Inc., produces two products, overs and unders, in a single process. The joint costs of this...
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![Harmon Inc. produces joint products L, M, and N from a joint process. Information concerning a batch
produced in May at a joint cost of $85,000 was as follows: The amount of joint costs allocated to product L
using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example
33.3333%, and round all dollar amounts to the nearest whole dollar):
J
Harmon Inc. produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $85,000 was as follows:
C
Separable Processing cost
Units Produced
Sales Value (after addt'l processing)
L
M
N
Total
$11,000 $27,000 $5,000 $ 43,000
1,600
3,500 4,700 9,800
$64,000 $55,000 $13,000 $132,000
The amount of joint costs allocated to product L using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example
33.3333%, and round all dollar amounts to the nearest whole dollar):](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcaf13337-fb8a-4943-9515-20caf500f130%2F9d011517-a50c-4f50-9364-3d7ca7a9af65%2F88hg9t_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Harmon Inc. produces joint products L, M, and N from a joint process. Information concerning a batch
produced in May at a joint cost of $85,000 was as follows: The amount of joint costs allocated to product L
using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example
33.3333%, and round all dollar amounts to the nearest whole dollar):
J
Harmon Inc. produces joint products L, M, and N from a joint process. Information concerning a batch produced in May at a joint cost of $85,000 was as follows:
C
Separable Processing cost
Units Produced
Sales Value (after addt'l processing)
L
M
N
Total
$11,000 $27,000 $5,000 $ 43,000
1,600
3,500 4,700 9,800
$64,000 $55,000 $13,000 $132,000
The amount of joint costs allocated to product L using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example
33.3333%, and round all dollar amounts to the nearest whole dollar):
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