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

Author Question: Bismite Corporation purchases trees from Cheney lumber and processes them up to the split-off point ... (Read 29 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
on: Mar 6, 2021
Bismite Corporation purchases trees from Cheney lumber and processes them up to the split-off point where two products (paper and pencil casings) emerge from the process. The products are then sold to an independent company that markets and distributes them to retail outlets. The following information was collected for the month of October:

Trees processed:270 trees 
Production:paper180,000 sheets
pencil casings180,000
Sales:paper166,000 at $0.20 per page
pencil casings176,000 at $0.23 per casing
The cost of purchasing 270 trees and processing them up to the split-off point to yield 180,000 sheets of paper and 180,000 pencil casings is $15,000.

Bismite's accounting department reported no beginning inventory.

What are the paper's and the pencil's approximate weighted cost proportions using the sales value at 
split-off method, respectively?
◦ 50.00% and 50.00%
◦ 45.06% and 54.94%
◦ 48.54% and 51.46%
◦ 46.51% and 53.49%
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 javeds on Mar 6, 2021

zacnyjessica

  • Sr. Member
  • ****
  • Posts: 345
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 32% of students answer this correctly


javeds

  • Member
  • Posts: 570
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Insect species diversity on British host trees supports the area hypothesis. Insect species diversity on British host trees supports the area hypothesis.
There are several laws of thermodynamics critical to understanding physical processes. Two of those There are several laws of thermodynamics critical to understanding physical processes. Two of those
Nancy Rubins, Pleasure Point. Nancy Rubins, Pleasure Point.
The Four Processes of Pharmacokinetics The Four Processes of Pharmacokinetics
Digestive Processes Digestive Processes
. Calculate the net electric field at point B . Calculate the net electric field at point B
Video: Dorsal Recumbent Position

For a complete list of videos, visit our video library