please help CoursHeroTranscribedText: The following questions relate to Kyle Company, which manufactures products KA, KB,...

90.2K

Verified Solution

Question

Accounting

please help

image
CoursHeroTranscribedText: The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from ajoint process. Joint product cos were $189,000. Additional information follows. If Processed Further Units Sales Value at Product Produced SplitOff Sales Values Additional Costs KA 84, 999 $249, 999 $ 339, 999 $54, 999 KB 69,999 219, 999 279, 999 42,999 KC 24, 999 159, 999 249, 999 39, 999 Required: 3. Assuming thatjoint product costs are allocated using the physical quantities (units produced} method, what was the total cost of product KA (including $54,000 if processed further)? b. Assuming thatjoint product costs are allocated using the sales value at split-off(net realizable value method), what was the total cost of product KB (including the $42,000 if processed further}

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students