Marin Products produces three products-DEB8-1, DBB-2, and D8B 3 from a joint process. Each product...

50.1K

Verified Solution

Question

Accounting

image
Marin Products produces three products-DEB8-1, DBB-2, and D8B 3 from a joint process. Each product may be sold at the split-off point or processed further Addtional processing requires no specal facilties, 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 Total 16,00024 36,00 76,000 Units Sold Price (after addt'l processing) Separable Units Produced Total Joint Cost Sales Price at Split-off $55 $50 S220,000 76,000 53,600,000 $66,00 $110,000 $44 6,000 24 essing cost 36 $25 $35 S55 The amount of joint costs allocated to product DBB 2 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): O $2.009.160 O $286,500 $881,640 O $667 345 O $709,200

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students