The Camp Corporation manufactures two products out of a joint process— Coma and Ultra. The joint costs incurred are Php250,000 for a standard production that generates 120,000 gallons of Coma and 80,000 gallons of Ultra. Coma sells for Php2.00 per gallon, while Ultra sells for Php3.25 per gallon. If there are no additional processing costs incurred after the split-off point, the amount of joint cost of each production allocated to Coma by the quantitative unit method is?
The Camp Corporation manufactures two products out of a joint process— Coma and Ultra. The joint costs incurred are Php250,000 for a standard production that generates 120,000 gallons of Coma and 80,000 gallons of Ultra. Coma sells for Php2.00 per gallon, while Ultra sells for Php3.25 per gallon. If there are no additional processing costs incurred after the split-off point, the amount of joint cost of each production allocated to Coma by the quantitative unit method is?
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter5: Support Department And Joint Cost Allocation
Section: Chapter Questions
Problem 4BE: Blakes Blacksmith Co. produces two types of shotguns, a 12-gauge and 20-gauge. The shotguns are made...
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The Camp Corporation manufactures two products out of a joint process— Coma and Ultra. The joint costs incurred are Php250,000 for a standard production that generates 120,000 gallons of Coma and 80,000 gallons of Ultra. Coma sells for Php2.00 per gallon, while Ultra sells for Php3.25 per gallon. If there are no additional
the amount of joint cost of each production allocated to Coma by the quantitative unit method is?
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