Bismite Corporation purchases trees from Cheney lumber and processes them up to the split -...
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Bismite Corporation purchases trees from Cheney lumber and processes them up to the split - off point where two products (paper and pencil casings) emerge from the process. The products are then sold to an independent company that markets and distributes them to retail outlets. The following information was collected for the month of October Trees processed: 270 trees Production: paper 170,000 sheets pencil casings 170,000 Sales: paper 162,000 at $0.10 per page pencil casings 169,000 at $0.15 per casing The cost of purchasing 270 trees and processing them up to the split - off point to yield 170,000 sheets of paper and 170,000 pencil casings is $12,500. A. 40% and 60% B. 48.94% and 51.06% C. 38.99% and 61.01% D. 50% and 50%
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