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

Author Question: The Alfarm Corporation processes raw milk up to the split-off point where two products, cream and ... (Read 35 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
on: Mar 6, 2021
The Alfarm Corporation processes raw milk up to the split-off point where two products, cream and liquid skim, are produced and sold. There was no beginning inventory. The following material was collected for the month of February:

  Direct materials processed:780,000 gallons (758,500 gallons of good product)
  Production:Cream443,500 gallons
Liquid skim315,000 gallons
  Sales:Cream425,500 at $110 per gallon
Liquid skim305,000 at $95 per gallon
The cost of purchasing 780,000 gallons of direct materials and processing it up to the split-off point to yield a total of 758,500 gallons of good product was $2,310,000.  When using a physical-volume measure, what is the approximate amount of joint costs that will be allocated to cream and liquid skim? (Round intermediary percentages to the nearest hundredth.)
◦ $1,350,657 and $959,343
◦ $1,155,000 and $1,155,000
◦ $1,345,524 and $964,476
◦ $1,313,442 and $996,558
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 karlynnae on Mar 6, 2021

patma1981

  • Sr. Member
  • ****
  • Posts: 292
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 29% of students answer this correctly


karlynnae

  • Member
  • Posts: 599
Reply 2 on: Mar 6, 2021
:D TYSM

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

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?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Goat's milk Goat's milk
The Processes of Synaptic Pruning The Processes of Synaptic Pruning
We are in the midst of the globalization of capitalism. The explosion that is sending products ... We are in the midst of the globalization of capitalism. The explosion that is sending products ...
Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ... Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ...
Adiabatic Processes Adiabatic Processes
Two-point discrimination Two-point discrimination
Video: Glucose anabolism reactions: Glycogenolysis and Gluconeogenesis

For a complete list of videos, visit our video library