Homework Help is Here – Start Your Trial Now!
Business
Accounting
NUBD Co. produces three supplemental food products simultaneously through a refining process costing P93,000. The joint products, Alpha and Beta, have a final selling price of P4 per pound and P 10 per pound, respectively, after additional processing costs of P2 per pound of each product incurred after the split-off point. Delta, a by-product, is sold at the split-off point for P3 per pound. 10,000 pounds of Alpha, a popular but relatively rare grain supplement having a caloric value of 4,400 calories per pound. 5,000 pounds of Beta, a flavoring material high in carbohydrates with a caloric value of 11,200 calories per pound. 1,000 pounds of Delta, uses as a cattle feed supplement with a caloric value of 1,000 calories per pound. Alpha Beta Delta

NUBD Co. produces three supplemental food products simultaneously through a refining process costing P93,000. The joint products, Alpha and Beta, have a final selling price of P4 per pound and P 10 per pound, respectively, after additional processing costs of P2 per pound of each product incurred after the split-off point. Delta, a by-product, is sold at the split-off point for P3 per pound. 10,000 pounds of Alpha, a popular but relatively rare grain supplement having a caloric value of 4,400 calories per pound. 5,000 pounds of Beta, a flavoring material high in carbohydrates with a caloric value of 11,200 calories per pound. 1,000 pounds of Delta, uses as a cattle feed supplement with a caloric value of 1,000 calories per pound. Alpha Beta Delta

Cornerstones of Cost Management (Cornerstones Series)
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...
See similar textbooks
icon
Related questions
Question

The joint cost to be allocated to Alpha using:

  • the sale value method is
  • the net realizable value method is

The joint cost to be allocated to Beta using:

  • the weighted quantity method based on caloric value per pound is
NUBD Co. produces three supplemental food producs simultaneously through a refining process costing P93,000. The joint products, Alpha and Beta, have a final selling price of P4 per pound and P 10 per pound, respectively, after additional processing costs of P2 per pound of each product incurred after the split-off point. Delta, a by-product, is sold at the split-off point for P3 per pound. 10,000 pounds of Alpha, a popular but relatively rare grain supplement having a caloric value of 4,400 calories per pound. 5,000 pounds of Beta, a flavoring material high in carbohydrates with a caloric value of 11,200 calories per pound. 1,000 po unds of Delta, uses as a cattle feed supplement with a caloric value of 1,000 calories per pound. Alpha Beta Delta Assumed NUBD inventories Delta, the by-product, and deducts its market value from the joint costs.
Transcribed Image Text:NUBD Co. produces three supplemental food producs simultaneously through a refining process costing P93,000. The joint products, Alpha and Beta, have a final selling price of P4 per pound and P 10 per pound, respectively, after additional processing costs of P2 per pound of each product incurred after the split-off point. Delta, a by-product, is sold at the split-off point for P3 per pound. 10,000 pounds of Alpha, a popular but relatively rare grain supplement having a caloric value of 4,400 calories per pound. 5,000 pounds of Beta, a flavoring material high in carbohydrates with a caloric value of 11,200 calories per pound. 1,000 po unds of Delta, uses as a cattle feed supplement with a caloric value of 1,000 calories per pound. Alpha Beta Delta Assumed NUBD inventories Delta, the by-product, and deducts its market value from the joint costs.
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Essentials of Business Analytics (MindTap Course …
Essentials of Business Analytics (MindTap Course …
Statistics
ISBN:
9781305627734
Author:
Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS