Please help with part (C) Whispering Group provides many of the laminated products that...
90.2K
Verified Solution
Question
Accounting
Please help with part C Whispering Group provides many of the laminated products that teachers use in their classrooms. Whispering management considers the company to also be quite green, as it captures the small cutout pieces and sells them to an organization that uses them in its production of plastic tableware. To date, Whispering has treated these cutouts as a byproduct, since it receives a small value for the items upon sale. The quantities and values of both the main laminated products and the small cutouts, created in a joint process that costs $ are as follows. Both products are sold at the splitoff point and not processed further. All sales are on account. a b c If of the production for both products had been unsold as of yearend, how much imentory cost would remain on the balance sheet for each product under the sales method and the production method? Do not leave any answer field blank. Enter for amounts. The sales method The production method Please help with part C
Please help with part C Whispering Group provides many of the laminated products that teachers use in their classrooms. Whispering management considers
the company to also be quite green, as it captures the small cutout pieces and sells them to an organization that uses them in its
production of plastic tableware. To date, Whispering has treated these cutouts as a byproduct, since it receives a small value for the
items upon sale. The quantities and values of both the main laminated products and the small cutouts, created in a joint process that
costs $ are as follows. Both products are sold at the splitoff point and not processed further. All sales are on account.
a
b
c
If of the production for both products had been unsold as of yearend, how much imentory cost would remain on the balance
sheet for each product under the sales method and the production method? Do not leave any answer field blank. Enter for
amounts.
The sales method
The production method
Please help with part C
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.