Solved: What portion of the joint costs should be allocated to, Finance Basics

+44 141 628 6080
[email protected]

What portion of the joint costs should be allocated to

1. Longtime Chemical produced 10,000 gallons of Greon and 20,000 gallons of Baron. Joint costs incurred in producing the two products totaled $7,800. At the split-off point, Greon has a market value of $6.00 per gallon and Baron $4.00 per gallon. What portion of the joint costs should be allocated to Greon if the basis is market value at point of separation?
a. $3,343.
b. $6,457.
c. $7,800.
d. $60,000.
e. $6,850.

Solution Preview :

Prepared by a verified Expert

Finance Basics: What portion of the joint costs should be allocated to

Reference No:- TGS01252963

Now Priced at $12 (50% Discount)

Recommended (91%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : Joe tulkin owns tulkin wholesale co he sells paper tape

joe tulkin owns tulkin wholesale co he sells paper tape file folders and other office supplies to about 120 retailers

Q : Describe the practice field or sub-sector that you wish to

your piece of assessment is a 1800 word report - 10 on your emerging practice framework for social work - how you will

Q : Write an matlab m-file to solve this problem with

1write an matlab m-file to solve this problem with runge-kutta method solve the concentration of t1 and t2 or salt

Q : How would you solve for this what is the operating cash

how would you solve for this what is the operating cash flow for the following project sales are 200000 operating costs

Q : What portion of the joint costs should be allocated to

1 longtime chemical produced 10000 gallons of greon and 20000 gallons of baron joint costs incurred in producing the

Q : What are the main differences between fixed and variable

what are the main differences between fixed and variable annuities which type is more appropriate for someone who is 60

Q : Ailer is fired using 200 kg hr of pure

combustion problem no - 14a boiler is fired using 200 kg hr of pure saturated hydrocarbon gas cn hm

Q : Pdq corp has sales of 3000000 the firmrsquos cost of goods

1 pdq corp has sales of 3000000 the firmrsquos cost of goods sold is 1425000 and its total operating expenses are

Q : 1 companies generally need to use more than one information

1 companies generally need to use more than one information system to support all their different business functions

1949690

Questions
Asked

3,689

Active Tutors

1429443

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Which individuals might experience grief

Which of the following individuals might experience grief? Juliet, whose mother suddenly died of a heart attack.

Which source type would be an example of a secondary source

Question: Which information source type would be an example of a secondary source? Group of answer choices

What may influence a childs development biologically

Question: Can you think of any factors that may influence a child's development biologically, psychologically, and socially?

Describe psychology research methods

Question: An old adage in psychology research methods courses is that "correlation does not prove causation".

How you ensure that other team members understand roles

Discuss how you plan to comply with this requirement and explain how you will ensure that other team members understand their roles.

Areas mentioned specifically as wanting to join the eeu

Which of the following areas is mentioned specifically as wanting to join the EEU, even though the states they belong to may wish to be

Conducting a visual analysis of the graphed data

This assertion is not valid because this program uses an A-B design in which the teacher is simply conducting a visual analysis of the graphed data