Business, 03.03.2020 01:34 eysahvdtuj

Trans-Pacific Lumber runs a mill in the Northwest that produces two grades of lumber, A and B, and a by-product, sawdust. The company chooses to allocate the costs on the basis of the physical quantities method. Last month, it processed 122,000 logs at a total cost of $347,000. The output of the process consisted of 33,700 units of grade A, 50,700 units of grade B, and 14,700 units of sawdust. The sawdust can be sold for $9,400. This is considered to be its net realizable value, which is deducted from the processing costs of the main products. Required: What share of the joint costs should be assigned to grade A and grade B

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 23:00

What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000

Answers: 2

Answer

Business, 22.06.2019 13:10

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock

Answers: 1

Answer

Business, 23.06.2019 08:00

Which sentence in the passage refers to the "analysis" of a given problem? jeremy is the production manager in a manafacturing company. he has identified a problem in the production process. he has estimated that the problem would lead to a loss of $10,000 and would require time to resolve. further, he has also identified the source of the problem to be the outdated machinery, which might require major repair, if not immediate replacement. finally, jeremy has also divided the problem into smaller parts, such as production costs, overheads, downtime expense, repair expenditure, and so on.

Answers: 2

Answer

Business, 23.06.2019 10:30

According to the graph, how much did individuals making $20,000 to $50,000 a year pay in income taxes? according to the graph, how much revenue did the government receive from individuals earning $200,000 and above?

Answers: 2

Answer

You know the right answer?

Trans-Pacific Lumber runs a mill in the Northwest that produces two grades of lumber, A and B, and a...

Questions

Business, 07.06.2020 03:01

The account Unrealized Gain (Loss) on Available-for-Sale Investments should be included on the a. statement of retained earnings b. balance sheet as a...