GG Products, Inc., prepares tips and stems from a joint process using asparagus. It produced 270,000 units of tips having a sales value at the split-off point of $84,000. It produced 270,000 units of stems having a sales value at split-off of $21,000. Using the net realizable value method, the portion of the total joint product costs allocated to tips was $46,200.

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.