Answer the following question(s)using the information below.The Oxnard Corporation processes a liquid component up to the splitoff point where two products, Mr.DirtOut and Mr.SinkClean, are produced and sold.There was no beginning inventory.The following material was collected for the month of January: The cost of purchasing 250,000 litres of direct materials and processing it up to the splitoff point to yield a total of 242,500 litres of good product was $380,000.
-When using the physical measures method, what is Mr.DirtOut's approximate production cost per unit?
A)$1.52
B)$1.54
C)$1.57
D)$1.61
E)$1.01

Question

Answer the following question(s)using the information below.The Oxnard Corporation processes a liquid component up to the splitoff point where two products, Mr.DirtOut and Mr.SinkClean, are produced and sold.There was no beginning inventory.The following material was collected for the month of January:   The cost of purchasing 250,000 litres of direct materials and processing it up to the splitoff point to yield a total of 242,500 litres of good product was $380,000.
-When using the physical measures method, what is Mr.DirtOut's approximate production cost per unit?
A)$1.52 
B)$1.54 
C)$1.57 
D)$1.61 
E)$1.01

Quizplus · Accepted Answer

The Answer of Answer the following question(s)using the information below.The Oxnard Corporation processes a liquid component up to the splitoff point where two products, Mr.DirtOut and Mr.SinkClean, are produced and sold.There was no beginning inventory.The following material was collected for the month of January:   The cost of purchasing 250,000 litres of direct materials and processing it up to the splitoff point to yield a total of 242,500 litres of good product was $380,000.
-When using the physical measures method, what is Mr.DirtOut's approximate production cost per unit?
A)$1.52 
B)$1.54 
C)$1.57 
D)$1.61 
E)$1.01

Answer the Following Question(s)using the Information Below