costacctg13_cf_ch16

costacctg13_cf_ch16 - Chapter 16. Cost Allocation: Joint...

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Chapter 16. Cost Allocation: Joint Products and Byproducts 16-16 1. a. $15.34 b. $11 2. Sales value at splitoff method 16-17 1. Breasts $4.05 W $0.6125 T $1.505 Bones $0.3678 F $0.09 2. Breasts $3.5868 Thighs $1.3321 16-18 Corn Syrup $260,000 Corn Starch $65,000 16-19 1. M $37,500 T $112,500 2. M $50,000 T $100,000 3. PM: M $16,500 T $(4,500) Estimated NRV: M $4,000 T $8,000 4. WA $76,500 T $73,500 Yes 16-20 1. a. X $108,000; $72,000 Y $24,000; $136,000 Z $13,000; $247,000 b. X $135,000; $90,000 Y $30,000; $170,000 Z $8,750; $166,250 2. a. X 60% Y 60% Z 25.71% b. X 50% Y 50% Z 50.00% 16-21 1. a. CO $420 NGL $210 NG $1,470 Total $2,100 b. CO $1,485.75 NGL $315 NG $299.25 Total $2,100 2. a. CO $2,410 NGL $390 NG $(900) Total $1,900 b. CO $1,344.25 NGL $285 NG $270.75 Total $1,900 16-22 1. a. B 50% S 42% T 44% b. B 41% S 45% T 44% c. B 46.7% S 43.2% T 44.1% 16-23 1a. C $334 S $266 1b. C $444 S $156 16-24 1. Pro $288,000 Sales $284,000 2. Pro: Main product $88,000; Byproduct $12,000 Sales: Main product $96,000; Byproduct $0
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costacctg13_cf_ch16 - Chapter 16. Cost Allocation: Joint...

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