QUESTION 9 Garrison Co. produces three products --- XY and 2 -- from a joint...
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Accounting
QUESTION 9 Garrison Co. produces three products --- XY and 2 -- from a joint process. Each product may be sold at the split off point or processed further. Additional processing requires no special facilities and production costs of further processing are entirely variable and traceable to the products involved. Last year all three products were processed beyond split-off joint production costs for the year were $120,000. Sales values and costs needed to evaluate Garrison's production policy follow, if processed further Product Units produced sales value at split offsales value Additional costs 6.000 $40,000 $80,000 $1,200 y 3.000 $15.000 540.000 $3,000 1.000 $16.000 $30,000 51,500 X The amount of joint costs allocated to product Z using the net realizable value method is calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar 184,766 565330 $18.773 330.769 123,701 QUESTION 10

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