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 62 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
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:330 trees 
Production:paper190,000 sheets
pencil casings190,000
Sales:paper184,000 at $0.10 per page
pencil casings186,500 at $0.14 per casing
The cost of purchasing 330 trees and processing them up to the split-off point to yield 190,000 sheets of paper and 190,000 pencil casings is $15,500.

Bismite's accounting department reported no beginning inventory.

If the sales value at split-off method is used, what is the approximate production cost for each pencil 
casing? (Round intermediary percentages to the nearest hundredth.)
◦ $0.035
◦ $0.049
◦ $0.034
◦ $0.048
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 NguyenJ on Mar 6, 2021

Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
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


NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Mar 6, 2021
Wow, this really help

phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Convergence among tropical alpine plants: (a) Senecio trees on Mount Kilimanjaro, Africa Convergence among tropical alpine plants: (a) Senecio trees on Mount Kilimanjaro, Africa
Two-Point Threshold Device for Measuring Touch Acuity Two-Point Threshold Device for Measuring Touch Acuity
Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ... Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ...
Fibromyalgia tender point sites. Fibromyalgia tender point sites.
The Four Processes of Pharmacokinetics The Four Processes of Pharmacokinetics
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
Video: Deafness Culture

For a complete list of videos, visit our video library