please help with requirement 2 ( solving gross margin % for NRV and constant gross...
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please help with requirement 2 ( solving gross margin % for NRV and constant gross margin NRV) and requirement 3
The Cocoa Bean Edbles Factory manufacbures and distributes checolate Production and sales data for August 2017are as follows (assume no begnni (Click the icon to view more information about Cocoa Bean.) (Click the icon to view the data) Read the tecuirements Requirement 1.Calculate how the joint costs of 360,000 would be allocated between chocolate powder and mik chocolate under the different methods a. Sales value at splitoff method. Begin by entering the appropriate amounts to allocate the joint costs (Round the weighting amounts to four decimal places.) Sales value of total Joint costs production at splitoff Weighting Chocolate powder Mik chocclete Total b. Alocate the joint costs using the physical measure method. Begin by entering the appropriate amounts to slocate the joint costs. (Round the weighting amounts 16.530 148 770 165.300 0.1000 0 9000 1000 6,000 54.000 60,000 to four decimal places.) Physical measure of total production Joint costs 570 1.710 2 280 02500 07500 10000$ 15,000 Chocolate powder Mik checolate Total c. Allocate the joint costs using the net realizable value method. Begin by entering the appropriste amounts to allocate the joint costs. (Round the weighting 60,000 amounts to four decimal places. Round the joint costs alocated to the nearest whole dollar.) Net realizable Joint costs value Chocolate powder Mlk chocolate Total d. Constant grogs-margin percentage NRV method. Begin by entering the appropriate amounts to allocate the joint cos& (Round the percentage to four decimal 58,920 24,876 183,796 0.3206 0.6794 1.0000 19,236 40,764 60,000 places. X.XXXX%.) The oweral gross-margin percentage for all joint products together is Now determine the fomula to compute the joint costs allocated then enter the appropriate amounts. (Round your answers to the nearest whole dollar) 44.4446 %. Total production costs Separable processing costs-Joint costs allocated 8,360 Chocolate powder Mik checolate 100.700 56384 44316 Requirement 2. What are the gross-margin percentages of chocolate powder and milk checolate under each of the methods in requiremen mnus sign when entering negative amount Round the percentages to the nearest hundredth percent. X.XX%.) 1? (Use parentheses or a Chocolate powder Milk chocolate 54 42% 3910 4404,% a Sales value at splitofr 45.1 C NRV The Cocoa Bean Edbles Factory manufacbures and distributes checolate Production and sales data for August 2017are as follows (assume no begnni (Click the icon to view more information about Cocoa Bean.) (Click the icon to view the data) Read the tecuirements Requirement 1.Calculate how the joint costs of 360,000 would be allocated between chocolate powder and mik chocolate under the different methods a. Sales value at splitoff method. Begin by entering the appropriate amounts to allocate the joint costs (Round the weighting amounts to four decimal places.) Sales value of total Joint costs production at splitoff Weighting Chocolate powder Mik chocclete Total b. Alocate the joint costs using the physical measure method. Begin by entering the appropriate amounts to slocate the joint costs. (Round the weighting amounts 16.530 148 770 165.300 0.1000 0 9000 1000 6,000 54.000 60,000 to four decimal places.) Physical measure of total production Joint costs 570 1.710 2 280 02500 07500 10000$ 15,000 Chocolate powder Mik checolate Total c. Allocate the joint costs using the net realizable value method. Begin by entering the appropriste amounts to allocate the joint costs. (Round the weighting 60,000 amounts to four decimal places. Round the joint costs alocated to the nearest whole dollar.) Net realizable Joint costs value Chocolate powder Mlk chocolate Total d. Constant grogs-margin percentage NRV method. Begin by entering the appropriate amounts to allocate the joint cos& (Round the percentage to four decimal 58,920 24,876 183,796 0.3206 0.6794 1.0000 19,236 40,764 60,000 places. X.XXXX%.) The oweral gross-margin percentage for all joint products together is Now determine the fomula to compute the joint costs allocated then enter the appropriate amounts. (Round your answers to the nearest whole dollar) 44.4446 %. Total production costs Separable processing costs-Joint costs allocated 8,360 Chocolate powder Mik checolate 100.700 56384 44316 Requirement 2. What are the gross-margin percentages of chocolate powder and milk checolate under each of the methods in requiremen mnus sign when entering negative amount Round the percentages to the nearest hundredth percent. X.XX%.) 1? (Use parentheses or a Chocolate powder Milk chocolate 54 42% 3910 4404,% a Sales value at splitofr 45.1 C NRVGet Answers to Unlimited Questions
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