Ellis Company Ellis Company produces two products from a joint process: X and Z.Joint processing costs for this production cycle are $8,000.
If X and Z are processed further,no disposal costs will be incurred or such costs will be borne by the buyer.
Refer to Ellis Company.Using sales value at split-off,what amount of joint processing cost is allocated to Product Z (round to the nearest dollar)?
A)$5,500
B)$4,000
C)$2,500
D)$4,757

Question

Ellis Company Ellis Company produces two products from a joint process: X and Z.Joint processing costs for this production cycle are $8,000.
 If X and Z are processed further,no disposal costs will be incurred or such costs will be borne by the buyer.
Refer to Ellis Company.Using sales value at split-off,what amount of joint processing cost is allocated to Product Z (round to the nearest dollar)?
A)$5,500 
B)$4,000 
C)$2,500 
D)$4,757

Quizplus · Accepted Answer

The Answer of Ellis Company Ellis Company produces two products from a joint process: X and Z.Joint processing costs for this production cycle are $8,000.
 If X and Z are processed further,no disposal costs will be incurred or such costs will be borne by the buyer.
Refer to Ellis Company.Using sales value at split-off,what amount of joint processing cost is allocated to Product Z (round to the nearest dollar)?
A)$5,500 
B)$4,000 
C)$2,500 
D)$4,757

Ellis Company Ellis Company Produces Two Products from a Joint