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.
-What amount of joint costs will be allocated to the Gizmos?
A) $44,118
B) $30,882
C) $77,206
D) $66,176

Question

Quizplus · Accepted Answer

The Answer of 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.
-What amount of joint costs will be allocated to the Gizmos?
A) $44,118
B) $30,882
C) $77,206
D) $66,176

Answer the Following Questions Using the Information Below