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Author Question: Oregon Lumber processes timber into four products. During January, the joint costs of processing ... (Read 66 times)

SO00

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on: Mar 6, 2021
Oregon Lumber processes timber into four products. During January, the joint costs of processing were $280,000. There was no inventory at the beginning of the month. Production and sales value information for the month is as follows: 

​​Sales Value at
ProductBoard feetSplit-off PointEnding Inventory
2 × 4's6,000,000$0.30 per board foot500,000 bdft.
2 × 6's3,000,0000.40 per board foot250,000 bdft.
4 × 4's2,000,0000.45 per board foot100,000 bdft.
Slabs1,000,0000.10 per board foot50,000 bdft.
Required: 
Determine the value of ending inventory if the sales value at split-off method is used for product costing. Round to 3 decimal places when necessary.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by SO00 on Mar 6, 2021

SVictor

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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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SO00

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Reply 2 on: Mar 6, 2021
Wow, this really help

bimper21

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

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