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 24 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
Great answer, keep it coming :)

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

The Cardiac Landmarks. A = Aortic Area; P = Pulmonic Area; E = Erb’s Point; T = Tri The Cardiac Landmarks. A = Aortic Area; P = Pulmonic Area; E = Erb’s Point; T = Tri
Summation of Heart Sounds, Normal Physiological Split of S2 Summation of Heart Sounds, Normal Physiological Split of S2
Label the cutbank and point bar on this image. Label the cutbank and point bar on this image.
A Split-Brain Experiment A Split-Brain Experiment
Processes Involved in Observational Learning Processes Involved in Observational Learning
Constructing a Three-Point Recombination Map Constructing a Three-Point Recombination Map
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library