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Cost Accounting A Managerial Emphasis Study Set 1
Quiz 15: Cost Allocation: Joint Products and Byproducts
What Is the Paper's Sales Value at the Splitoff Point? A)$120 B)$1,160 C)$1,200 D)$1,950 E)$3,000
Question 58
Multiple Choice
What is the paper's sales value at the splitoff point? A)$120 B)$1,160 C)$1,200 D)$1,950 E)$3,000
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Related questions
Q 59
What are the pencil casings' sales value at the split-off point? A)$300 B)$1,480 C)$3,000 D)$3,750 E)$4,500
Q 60
What are the paper's and the pencil's approximate weighted cost proportions using the sales value at splitoff method, respectively? A)28.57% and 71.43% B)33.33% and 66.67% C)40% and 60% D)49.00% and 51.00% E)50.00% and 50.00%
Q 61
What are the approximate joint costs assigned to the paper ending inventory if joint costs are allocated using the sales value at splitoff method? A)$14.29 B)$50.00 C)$428.55 D)$435.00 E)$750.00
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