The G-Lab Company produced three joint products at a joint cost of $150,000. Two of these products were processed further. Production and sales were: Product Weight Sales Additional Processing Costs 200,000 0 100,000 If joint costs are allocated based on relative weight of the outputs and all products are main products, how much of the joint costs would be allocated to product A? (Do not round intermediary calculations. Round final answer to the nearest cent.) A B с 100,000 lbs 200,000 lbs 300,000 lbs 245,000 30,000 175,000 OA $25,000.00 OB. $100,000.00 OC. $75,000.00 OD. $81,666.67 COD
The G-Lab Company produced three joint products at a joint cost of $150,000. Two of these products were processed further. Production and sales were: Product Weight Sales Additional Processing Costs 200,000 0 100,000 If joint costs are allocated based on relative weight of the outputs and all products are main products, how much of the joint costs would be allocated to product A? (Do not round intermediary calculations. Round final answer to the nearest cent.) A B с 100,000 lbs 200,000 lbs 300,000 lbs 245,000 30,000 175,000 OA $25,000.00 OB. $100,000.00 OC. $75,000.00 OD. $81,666.67 COD
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 3CMA: Breegle Company produces three products (B-40, J-60, and H-102) from a single process. Breegle uses...
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