Joint Cost Allocation-Physical Units Method Medieval Blacksmith Co. produces two types of decorative...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Joint Cost AllocationPhysical Units Method Medieval Blacksmith Co produces two types of decorative swords, a broadsword and a longsword. The swords are made through a joint production process that ultimately produces broadswords and longswords and costs a total of $ per batch. After the splitoff point, each type of sword goes through an additional crafting process before it is sold. The additional production process of the broadsword costs $ per sword, after which it is sold for $ per sword. The additional production process of the longsword costs $ per sword, after which it is sold for $ per sword. Determine the amount of joint production costs allocated to each type of sword using the physical units method. tableJoint Product,AllocationBroadsword$ 
Joint Cost AllocationPhysical Units Method
Medieval Blacksmith Co produces two types of decorative swords, a broadsword and a longsword. The swords are made through a joint production process that ultimately produces broadswords and longswords and costs a total of $ per batch. After the splitoff point, each type of sword goes through an additional crafting process before it is sold. The additional production process of the broadsword costs $ per sword, after which it is sold for $ per sword. The additional production process of the longsword costs $ per sword, after which it is sold for $ per sword.
Determine the amount of joint production costs allocated to each type of sword using the physical units method.
tableJoint Product,AllocationBroadsword$
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.