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 29 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
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:330 trees 
Production:paper190,000 sheets
pencil casings190,000
Sales:paper184,000 at $0.10 per page
pencil casings186,500 at $0.14 per casing
The cost of purchasing 330 trees and processing them up to the split-off point to yield 190,000 sheets of paper and 190,000 pencil casings is $15,500.

Bismite's accounting department reported no beginning inventory.

If the sales value at split-off method is used, what is the approximate production cost for each pencil 
casing? (Round intermediary percentages to the nearest hundredth.)
◦ $0.035
◦ $0.049
◦ $0.034
◦ $0.048
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 NguyenJ on Mar 6, 2021

Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
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


NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Mar 6, 2021
:D TYSM

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Boreal forests, such as this one in Siberian Russia, are dominated by a few species of conifer trees Boreal forests, such as this one in Siberian Russia, are dominated by a few species of conifer trees
Convergence among tropical alpine plants: (a) Senecio trees on Mount Kilimanjaro, Africa Convergence among tropical alpine plants: (a) Senecio trees on Mount Kilimanjaro, Africa
Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha
The crude oil refining showing most of the major steps and processes. The crude oil refining showing most of the major steps and processes.
Energy Transfer Processes: Free Convection Energy Transfer Processes: Free Convection
Point Mutations Point Mutations
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library