The Berkel Corporation manufactures Widgets, Gizmos, and Turnbols from a joint process. June production is...

60.1K

Verified Solution

Question

Accounting

image

The Berkel Corporation manufactures Widgets, Gizmos, and Turnbols from a joint process. June production is 9,000 widgets; 12,500 gizmos; and 14,500 turnbols. Respective per unit selling prices at split-off are $100, $60, and $20. Joint costs up to the split-off point are $190,000. If joint costs are allocated based upon the sales value at split-off, what amount of joint costs will be allocated to the widgets? (Do not round any intermediary calculations.) $18,608 $88,144 $ $28,402 $73,454

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