Answer the following questions using the information below:
The Berkel Corporation manufactures Widgets, Gizmos, and Turnbols from a joint process. June production is 5,000 widgets; 8,750 gizmos; and 10,000 turnbols. Respective per unit selling prices at splitoff are $75, $50, and $25. Joint costs up to the splitoff point are $187,500.
-If joint costs are allocated based upon the sales value at splitoff,what amount of joint costs will be allocated to the widgets?
A) $30,882
B) $66,176
C) $44,118
D) $77,206
Correct Answer:
Verified
Q46: Which of the following statements is true
Q47: Answer the following questions using the
Q48: Answer the following questions using the
Q49: Answer the following questions using the information
Q50: Answer the following questions using the
Q52: The physical-measure method _.
A) allocates joint costs
Q53: The benefits-received criteria for allocating joint costs
Q54: Answer the following questions using the
Q55: A reason why a physical-measure to allocate
Q56: Answer the following questions using the
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