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

Author Question: Oregon Lumber processes timber into four products. During January, the joint costs of processing ... (Read 43 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Mar 6, 2021
Oregon Lumber processes timber into four products. During January, the joint costs of processing were $280,000. There was no inventory at the beginning of the month. Production and sales value information for the month is as follows: 

​​Sales Value at
ProductBoard feetSplit-off PointEnding Inventory
2 × 4's6,000,000$0.30 per board foot500,000 bdft.
2 × 6's3,000,0000.40 per board foot250,000 bdft.
4 × 4's2,000,0000.45 per board foot100,000 bdft.
Slabs1,000,0000.10 per board foot50,000 bdft.
Required: 
Determine the value of ending inventory if the sales value at split-off method is used for product costing. Round to 3 decimal places when necessary.
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 SO00 on Mar 6, 2021

SVictor

  • Sr. Member
  • ****
  • Posts: 365
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 59% of students answer this correctly


SO00

  • Member
  • Posts: 568
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Processing of an mRNA molecule after transcription. Processing of an mRNA molecule after transcription.
This January 1937 photo from Sneedville, Tennessee, shows Eunice Johns, age 9, and her husband, ... This January 1937 photo from Sneedville, Tennessee, shows Eunice Johns, age 9, and her husband, ...
Processes of the Middle and Upper Troposphere: Rossby Waves and Vorticity Processes of the Middle and Upper Troposphere: Rossby Waves and Vorticity
Common Fluoride Products Common Fluoride Products
How to calculate fuel costs How to calculate fuel costs
Natural Hazards: Earth's Processes as Hazards, Disasters, and Catastrophes, 4th Edition Natural Hazards: Earth's Processes as Hazards, Disasters, and Catastrophes, 4th Edition
Video: Energy sources - types

For a complete list of videos, visit our video library