This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Torid Company processes 18,175 gallons of direct materials to produce two products, Product X and ... (Read 265 times)

Melani1276

  • Hero Member
  • *****
  • Posts: 516
on: Mar 6, 2021
Torid Company processes 18,175 gallons of direct materials to produce two products, Product X and Product Y. Product X sells for $6 per gallon and Product Y, the main product, sells for $190 per gallon. The following information is for December:
BeginningEnding
ProductionSalesInventoryInventory
Product X:555054000150
Product Y:10,47510,5055020

The manufacturing costs totalled $29,000.

If the byproduct inventory is recorded at NRV less profit margin of 40%, the balance sheet will report ________ of byproduct inventory.
◦ $900
◦ $0
◦ $3800
◦ $540
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Melani1276 on Mar 6, 2021

brittiany.barnes

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


Shannon G

  • Newbie
  • *
  • Posts: 1
Reply #2 on: May 12, 2021
Thank you


« previous next »
 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Selected Natural Products Selected Natural Products
The crude oil refining showing most of the major steps and processes. The crude oil refining showing most of the major steps and processes.
Sex Hormone Products Sex Hormone Products
Dorsiflex the foot, applying direct pressure to the bottom. Standing at the end of the table, pick ... Dorsiflex the foot, applying direct pressure to the bottom. Standing at the end of the table, pick ...
A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
Use the product rule to find derivative Use the product rule to find derivative
Video: Normal and abnormal blood pH

For a complete list of videos, visit our video library