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Jim Davis Company Processes Hogs into Three Products, Chops, Bacon

Question 39

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Jim Davis Company processes hogs into three products, chops, bacon and sausage. Production and selling price data follow: Jim Davis Company processes hogs into three products, chops, bacon and sausage. Production and selling price data follow: Bacon was smoked, sliced and packaged after the split-off point. The cost incurred for these processes was $100,000. Sausage was ground and formed into patties after the split-off. This process cost $60,000. If joint processing costs were $1,500,000, calculate the total cost of each product using the adjusted sales value method. Bacon was smoked, sliced and packaged after the split-off point. The cost incurred for these processes was $100,000. Sausage was ground and formed into patties after the split-off. This process cost $60,000.
If joint processing costs were $1,500,000, calculate the total cost of each product using the adjusted sales value method.

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blured image Total cost:
Chops $375,000
Ba...

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