Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. products x, y, and z are produced from the same pr

Products X, Y, and Z are produced from the same process at a cost of...

80.2K

Verified Solution

Question

Accounting

Products X, Y, and Z are produced from the same process at a cost of $7,500. Five thousand pounds of raw material yields 3,500 X, 4,500 Y, and 3,000 Z. Selling prices are: X $2 per unit, Y $4 per unit, Z valueless. The ending inventory of X is 90 units. What is the value of the ending inventory if joint costs are allocated using net realizable value?

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

Chemistry
1.2K views

a) For a particular redox reaction BrO- is oxidized to BrO3- and Fe3+ is reduced to...

Physics
1.2K views

An eagle is flying horizontally at a speed of 4.8 m/s when the fish in her...

Psychology
1.2K views

Which model of categorization proposes that our representation of a given category is organized around family...

Physics
1.2K views

A constant electric field E 100 bounded by the y and z axes and the...

Physics
1.2K views

2 A particle moves towards east with velocity 5 m s After 10 seconds its...

Basic Math
1.2K views

Find the polar form of the following phasors 1 10 j5 2 3 j6 3...

Algebra
1.2K views

3 Which value for x below is a solution to the equation 2x 8x 20...

Accounting
1.2K views

Sweeten Company had no jobs in progress at the beginning of the year and no...

Accounting
1.2K views

please calculate these!! thank you ...

Accounting
1.2K views

You have the following information for Crane Company for the month ended October 31, 2022....

Accounting
1.2K views

Explain the history and description of the Accounting Information System that are used by Aluminum...

Finance
1.2K views

MM Model with Zero Taxes An unlevered firm has a value of $550 million. An...