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Author Question: Torid Company processes 18,700 gallons of direct materials to produce two products, Product X and ... (Read 515 times)

karateprodigy

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on: Mar 6, 2021
Torid Company processes 18,700 gallons of direct materials to produce two products, Product X and Product Y. Product X sells for $10 per gallon and Product Y, the main product, sells for $150 per gallon. The following information is for December:
BeginningEnding
ProductionSalesInventoryInventory
Product X:597558000175
Product Y:10,57510,65510020

The manufacturing costs totalled $30,000.

How much is the ending inventory for the byproduct if byproducts are recognized in the general ledger at the point of sale?
◦ $0
◦ $1750
◦ $3000
◦ $26,250
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by karateprodigy on Mar 6, 2021

Juro

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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.
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karateprodigy

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

aliotak

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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