Mount IdaManufacturing produces three products in a joint process. Products O and P were processed further. Additional information is as follows:

Required: Assume that product Q is a by-product whose sales value is credited to the joint production costs. Allocate the joint costs if the net-realizable-value method is used.

Question

Mount IdaManufacturing produces three products in a joint process. Products O and P were processed further. Additional information is as follows:
 
Required: Assume that product Q is a by-product whose sales value is credited to the joint production costs. Allocate the joint costs if the net-realizable-value method is used.

Quizplus · Accepted Answer

The Answer of Mount IdaManufacturing produces three products in a joint process. Products O and P were processed further. Additional information is as follows:
 
Required: Assume that product Q is a by-product whose sales value is credited to the joint production costs. Allocate the joint costs if the net-realizable-value method is used.

Mount IdaManufacturing Produces Three Products in a Joint Process