Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 20 the berkel corporation manufactures

QUESTION 20 The Berkel Corporation manufactures Widgets, Gizmos, and Turnbols from a joint...

90.2K

Verified Solution

Question

Accounting

QUESTION 20

  1. The Berkel Corporation manufactures Widgets, Gizmos, and Turnbols from a joint process. June production is 5,000 widgets; 8,750 gizmos; and 10,000 turnbols. Sales for the month of June is 3,500 widgets; 8,000 gizmos; and 9,300 turnbols. Respective per unit selling prices at split-off are $75, $50, and $25. Joint costs up to the split-off point are $187,500. Berkel can further process Widgets by incurring $200,000 separable costs, resulting in 4,000 Prime Widgets that can be sold for $90.

    If joint costs are allocated based upon the sales value at split-off, the closest amount of joint costs allocated to the widgets is

    A.

    $66,176
    B.

    $44,118

    C.

    $46,324
    D.

    $77,206

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

Geometry
1.2K views

3 Given right triangle DEF shown write down each of the following ratios Do not...

Geometry
1.2K views

Use a graphing utility to graph the function include two full periods Graph the corresponding...

Basic Math
1.2K views

A store is having a sale on trail mix and jelly beans. For 8 pounds...

Calculus
1.2K views

Next question Find three numbers whose sum is 21 and whose sum of squares is...

Algebra
1.2K views

24 Given the set of all even integers between and including 18 to 6 what...

Algebra
1.2K views

Find a polynomial with real coefficients of the specified degree that has the given zeros.Degree...

Accounting
1.2K views

Question #2 You are the controller of a firm whose CEO believes that debt should...

Accounting
1.2K views

Sketch a handlebody decomposition on T2#T2 with three 0-handles, six 1-handles, and one 2-handle hints:...

Accounting
1.2K views

Which of the following best describes the following entry: Recognizing supplies expense at year end?...

Finance
1.2K views

For the Stock Evaluation Project, you will prepare stock analysis & trade recommendation. The analysis...

Finance
1.2K views

You predict that interest rates are about to fall. Which bond will show the biggest...

Accounting
1.2K views

The following information applies to the questions displayed below During two recent years Perez Construction,...