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Author Question: Netzone Company is in semiconductor industry and fabrication of silicon-wafer chips splits off two ... (Read 46 times)

xclash

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on: Mar 6, 2021
Netzone Company is in semiconductor industry and fabrication of silicon-wafer chips splits off two types of memory chips, Standard and Premium. The following information was collected for last quarter of the calendar year:

Direct materials processed:400 kgs (Both standard and premium chips weigh 20 grams each) 
Production:Standard10,000 chips
Premium6800 chips 
Sales:Standard9700 at $110 per chip
Premium6200 at $190 per chip

The cost of purchasing 400 kgs of direct materials and processing it up to the split-off point to yield a total of 16,800 chips of good products was $1,950,000.  Beginning inventories totalled 140 chips for Standard and 90 chips for Premium. Ending inventory amounts reflected 140 chips of Standard and 90 chips of Premium. October costs per unit were the same as November.  When using a physical-volume measure, what is the approximate amount of joint costs that will be allocated Standard chips? (Round intermediary percentages to the nearest hundredth.)
◦ $1,226,415
◦ $1,189,623
◦ $975,000
◦ $1,160,640
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by xclash on Mar 6, 2021

Loise Hard

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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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xclash

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

hollysheppard095

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Reply 3 on: Yesterday
:D TYSM

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