Denver Fabricators manufactures products DF and DF from a joint process, which also yields a byproduct, BP The company accounts for the revenues from its byproduct sales as other income. Additional information follows: Denver Fabricators manufactures products DF and DF from a joint process, which also yields a byproduct, BP
The company accounts for the revenues from its byproduct sales as other income. Additional information
follows:
Required:
Assuming that joint product costs are allocated using the net realizable value at splitoff approach, what joint
costs are allocated to each of the joint products DF and DF and to the byproduct, BP
Note: Do not round intermediate calculations.
DF DF BP Total
Units produced
Allocated joint costs $
Sales value at splitoff $ $ $ $
Required:
Assuming that joint product costs are allocated using the net realizable value at splitoff approach, what joint costs are allocated to each of the joint products DF and DF and to the byproduct, BP
Note: Do not round intermediate calculations.
