Great Sweets Candy Company produces various types of candies.Several candies could be sold at the split-off point or processed further and sold in a different form after further processing.The candies are produced in a joint processing operation with $500,000 of joint processing costs monthly,which are allocated based on pounds produced.Information concerning this process for a recent month appears below: If Chocolate Delight is processed further,the gross profit margin that will appear in a product line income statement for Chocolate Delight would be:

Question

Great Sweets Candy Company produces various types of candies.Several candies could be sold at the split-off point or processed further and sold in a different form after further processing.The candies are produced in a joint processing operation with $500,000 of joint processing costs monthly,which are allocated based on pounds produced.Information concerning this process for a recent month appears below:  If Chocolate Delight is processed further,the gross profit margin that will appear in a product line income statement for Chocolate Delight would be:

Quizplus · Accepted Answer

The Answer of Great Sweets Candy Company produces various types of candies.Several candies could be sold at the split-off point or processed further and sold in a different form after further processing.The candies are produced in a joint processing operation with $500,000 of joint processing costs monthly,which are allocated based on pounds produced.Information concerning this process for a recent month appears below:  If Chocolate Delight is processed further,the gross profit margin that will appear in a product line income statement for Chocolate Delight would be:

Great Sweets Candy Company Produces Various Types of Candies