tegrity Manufacturing Company makes three products that can either be sold or processed further and then sold.  The cost associated with the Bacolod joint process is 240,000.                             Units       SP at split off     Separable cost   Final SP 101                  15,000          6.00                 2.00                    8.50 202                  20,000           4.00                  1.00                     6.00 303                  25,000           4.00                  1.50                     5.50 Per unit, Product 101 weighs 3 ounces, Product 202 weighs 2 ounces, and Product 303 weighs 3 ounces.   The joint cost allocated to Product 103 using weight in allocating joint co

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter5: Support Department And Joint Cost Allocation
Section: Chapter Questions
Problem 3CMA: Breegle Company produces three products (B-40, J-60, and H-102) from a single process. Breegle uses...
icon
Related questions
Question
Integrity Manufacturing Company makes three products that can either be sold or processed further and then sold.  The cost associated with the Bacolod joint process is 240,000. 

                           Units       SP at split off     Separable cost   Final SP

101                  15,000          6.00                 2.00                    8.50

202                  20,000           4.00                  1.00                     6.00

303                  25,000           4.00                  1.50                     5.50

Per unit, Product 101 weighs 3 ounces, Product 202 weighs 2 ounces, and Product 303 weighs 3 ounces.
 
The joint cost allocated to Product 103 using weight in allocating joint cost is
 
A.150,000
B. 240,000
C. 67,500
D. 112,500
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Decision to Sell before or after additional processing
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning