Davis Company Davis Company produces three products: A,B,and C from the same process.Joint costs for this production run are $2,100.
If the products are processed further,Davis Company will incur the following disposal costs upon sale: A,$3.00; B,$2.00; and C,$1.00.
Refer to Davis Company.Using net realizable value at split-off,what amount of joint processing cost is allocated to Product C (round to the nearest dollar)?
A)$706
B)$951
C)$444
D)$700

Question

Davis Company Davis Company produces three products: A,B,and C from the same process.Joint costs for this production run are $2,100.
 If the products are processed further,Davis Company will incur the following disposal costs upon sale: A,$3.00; B,$2.00; and C,$1.00.
Refer to Davis Company.Using net realizable value at split-off,what amount of joint processing cost is allocated to Product C (round to the nearest dollar)?
A)$706 
B)$951 
C)$444 
D)$700

Quizplus · Accepted Answer

The Answer of Davis Company Davis Company produces three products: A,B,and C from the same process.Joint costs for this production run are $2,100.
 If the products are processed further,Davis Company will incur the following disposal costs upon sale: A,$3.00; B,$2.00; and C,$1.00.
Refer to Davis Company.Using net realizable value at split-off,what amount of joint processing cost is allocated to Product C (round to the nearest dollar)?
A)$706 
B)$951 
C)$444 
D)$700

Davis Company Davis Company Produces Three Products: A,B,and C from the Same