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 138 times)

kaid0807

  • Hero Member
  • *****
  • Posts: 515
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:270 trees 
Production:paper150,000 sheets
pencil casings150,000
Sales:paper137,000 at $0.10 per page
pencil casings149,000 at $0.14 per casing
The cost of purchasing 270 trees and processing them up to the split-off point to yield 150,000 sheets of paper and 150,000 pencil casings is $14,500.

Bismite's accounting department reported no beginning inventory.

What is the total sales value at the split-off point of the pencil casings?
◦ $15,000
◦ $21,000
◦ $20,860
◦ $13,700
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 kaid0807 on Mar 6, 2021

morrie123456

  • Sr. Member
  • ****
  • Posts: 314
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


Paolo Nav

  • Newbie
  • *
  • Posts: 21
Reply #2 on: Jul 13, 2022
Thank you
« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Insect species diversity on British host trees supports the area hypothesis. Insect species diversity on British host trees supports the area hypothesis.
A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked
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.
Use of a hand tool to apply pressure to a trigger point. Use of a hand tool to apply pressure to a trigger point.
A 0.51 m aqueous solution of an unknown solute has a boiling point elevation of 0.62°C. The ... A 0.51 m aqueous solution of an unknown solute has a boiling point elevation of 0.62°C. The ...
Teak trees (Tectona grandis) Teak trees (Tectona grandis)
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library