Bonanza Co.manufactures products X and Y from a joint process that also yields a by-product,Z.Revenue from sales of Z is treated as a reduction of joint costs.Additional information is as follows:
Joint costs were allocated using the net realizable value method at the split-off point.The joint costs allocated to product X were
A) $75,000.
B) $100,800.
C) $150,000.
D) $168,000.

Question

Bonanza Co.manufactures products X and Y from a joint process that also yields a by-product,Z.Revenue from sales of Z is treated as a reduction of joint costs.Additional information is as follows: 
Joint costs were allocated using the net realizable value method at the split-off point.The joint costs allocated to product X were
A) $75,000. 
B) $100,800. 
C) $150,000. 
D) $168,000.

Quizplus · Accepted Answer

The Answer of Bonanza Co.manufactures products X and Y from a joint process that also yields a by-product,Z.Revenue from sales of Z is treated as a reduction of joint costs.Additional information is as follows: 
Joint costs were allocated using the net realizable value method at the split-off point.The joint costs allocated to product X were
A) $75,000. 
B) $100,800. 
C) $150,000. 
D) $168,000.