Orange Paper Company processes wood pulp into two products.During April the joint costs of processing were $132,000.Production and sales value information for the month were as follows:

Paper sells for $2.65 a kilogram and cardboard sells for $3.40 a kilogram.
There were no beginning or ending inventories for April.
Required:

Question

Orange Paper Company processes wood pulp into two products.During April the joint costs of processing were $132,000.Production and sales value information for the month were as follows:
  
Paper sells for $2.65 a kilogram and cardboard sells for $3.40 a kilogram.
There were no beginning or ending inventories for April.
Required:

Quizplus · Accepted Answer

The Answer of Orange Paper Company processes wood pulp into two products.During April the joint costs of processing were $132,000.Production and sales value information for the month were as follows:
  
Paper sells for $2.65 a kilogram and cardboard sells for $3.40 a kilogram.
There were no beginning or ending inventories for April.
Required:

Orange Paper Company Processes Wood Pulp into Two Products