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Author Question: Netzone Company is in semiconductor industry and fabrication of silicon-wafer chips splits off two ... (Read 42 times)

RYAN BANYAN

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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:300 kgs (Both standard and premium chips weigh 10 grams each) 
Production:Standard12,000 chips
Premium6800 chips 
Sales:Standard11,600 at $190 per chip
Premium6300 at $240 per chip

The cost of purchasing 300 kgs of direct materials and processing it up to the split-off point to yield a total of 18,800 chips of good products was $2,030,000.  Beginning inventories totalled 150 chips for Standard and 80 chips for Premium. Ending inventory amounts reflected 150 chips of Standard and 80 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 Premium chips? (Round intermediary percentages to the nearest hundredth.)
◦ $734,251
◦ $714,469
◦ $1,015,000
◦ $669,106
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by RYAN BANYAN on Mar 6, 2021

aloop

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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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RYAN BANYAN

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

debra928

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Reply 3 on: Yesterday
Excellent

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