explain how to get the joint allocated costs. Score: 2.6 of 10...
50.1K
Verified Solution
Link Copied!
Question
Accounting
explain how to get the joint allocated costs. Score: 2.6 of 10 pts 5 of 9 (5 cor E16-21 (similar to) Choice Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July 2017 is as follows: (Click the icon to view the information.) Joint cost of production in July 2017 was $60. Breast Wings Thighs Bones Feathers Total Pounds of product 125 25 35 55 10 250 Wholesale selling price per pound $ 0.45 $ 0.30 $ 0.30 $ 0.15 $ 0.05 Sales value at splitoff $ 56,25 $ 7.50 $ 10.50 $ 8.25 $ 0.50 $ 83.00 Weighting Sales value at splitoff 0678 0.090 0.127 0.099 0.006 1.000 Joint costs allocated $ 40.68 $ 5.40 $ 7.62 $ 5.94 $ 0.36 $ 60.00 Allocated costs per pound $ 0.3254's 0.2160'$ 021779 $ 0.1080'$ 0.0360) (Round vor answer to the nearest rent
explain how to get the joint allocated costs.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.