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

Author Question: The Green Company processes unprocessed goat milk up to the split-off point where two products, ... (Read 62 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
on: Mar 6, 2021
The Green Company processes unprocessed goat milk up to the split-off point where two products, condensed goat milk and skim goat milk result. The following information was collected for the month of October:

Direct Materials processed:102,000 gallons (after shrinkage)
Production:Condensed goat milk42,500 gallons
Skim goat milk59,500 gallons
Sales:Condensed goat milk$3.25 per gallon
Skim goat milk$2.75 per gallon
The costs of purchasing the of unprocessed goat milk and processing it up to the split-off point to yield a total of 102,000 gallons of saleable product was $188,480. There were no inventory balances of either product.  Condensed goat milk may be processed further to yield 42,000 gallons (the remainder is shrinkage) of a medicinal milk product, Xyla, for an additional processing cost of $4 per usable gallon. Xyla can be sold for $20 per gallon.

Skim goat milk can be processed further to yield 58,200 gallons of skim goat ice cream, for an additional processing cost per usable gallon of $4. The product can be sold for $12 per gallon.
There are no beginning and ending inventory balances.

What is the estimated net realizable value of the skim goat ice cream at the split-off point?
◦ $465,600
◦ $476,000
◦ $672,000
◦ $680,000
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 gonzo233 on Mar 6, 2021

johnpizzaz

  • 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 29% of students answer this correctly


gonzo233

  • Member
  • Posts: 557
Reply 2 on: Mar 6, 2021
:D TYSM

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Overview of material uptake and long-distance transport processes in plants Overview of material uptake and long-distance transport processes in plants
Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
Graph showing the relationship between the freezing point of the coolant and the percentage of ... Graph showing the relationship between the freezing point of the coolant and the percentage of ...
Ischemic compression (i.e., direct pressure) to a trigger point in the trapezius muscle. Ischemic compression (i.e., direct pressure) to a trigger point in the trapezius muscle.
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ... Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Use of a hand tool to apply pressure to a trigger point. Use of a hand tool to apply pressure to a trigger point.
Video: Hypoglycemia Animation

For a complete list of videos, visit our video library