Tonid Company processes 18,150 gallons of direct materials to produce two products, Product X and...
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Accounting
Tonid Company processes 18,150 gallons of direct materials to produce two products, Product X and Product Y, Product X sels for $5 per gelon and Product Y, she main product sells for $170 p galion. The foliowing information is for Docomber: The manulacturing costs totaled $31,000. If the byproduct leventory is recorded at NRV loss profit margin of 20%, the balance sheot will report of byproduct inven'sy A. 50 B. $625 C. $500 D. $5,500
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