Maurice Tutor

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About Maurice Tutor

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Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 9.00

Marin Products

Marin Products produces three products Ac€?? DBB-1, DBB-2, and DBB-3 from a joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Key information about Marin's production, sales, and costs follows.

  DBB-1 DBB-2 DBB-3 Total
Units Sold 16,000 24,000 36,000 76,000
Price (after addit'l processing) $65 $50 $75  
Separable Processing cost $110,000 $44,000 $66,000 $220,000
Units Produced 16,000 24,000 36,000 76,000
Total Joint Cost       $3,600,000
Sales Price at Split-off $25 $35 $55  

The amount of joint costs allocated to product DBB-1 using the net realizable value method is (calculate all ratios and percentages to 2 decimal places, for example 33.33%, and round all dollar amounts to the nearest whole dollar):

Answers

(5)
Status NEW Posted 18 Aug 2017 04:08 PM My Price 9.00

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