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

Author Question: Oregon Lumber processes timber into four products. During January, the joint costs of processing ... (Read 51 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by SO00 on Mar 6, 2021

SVictor

  • Sr. Member
  • ****
  • Posts: 365
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 59% of students answer this correctly


SO00

  • Member
  • Posts: 568
Reply 2 on: Mar 6, 2021
Excellent

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Using a goniometer to measure joint ROM. Using a goniometer to measure joint ROM.
miRNA processing miRNA processing
Rock the leg to create movement at the hip joint. Apply passive movements to mobilize knee and hip ... Rock the leg to create movement at the hip joint. Apply passive movements to mobilize knee and hip ...
Crater Lake, Oregon Caldera Crater Lake, Oregon Caldera
Digestive Processes Digestive Processes
Examples of posttranslational processing Examples of posttranslational processing
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library