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Chambers Company Chambers Company Produces Two Products from a Joint Process: X

Question 1

Multiple Choice

Chambers Company
Chambers Company produces two products from a joint process: X and Z.Joint processing costs for this production cycle are $8,000.

	Yards	Sales price per yard at split-off	Disposal cost per yard at split-off	Further processing per yard	Final sale price per yard
X	1,500	$6.00	$3.50	$1.00	$ 7.50
Y	2,200	9.00	5.00	3.00	11.25

If X and Z are processed further,no disposal costs will be incurred or such costs will be borne by the buyer.
Refer to Chambers Company.Using a physical measure,what amount of joint processing cost is allocated to Product Z (round to the nearest dollar) ?

A) $4,000
B) $3,243
C) $5,500
D) $4,757

Chambers Company Chambers Company Produces Two Products from a Joint Process: X

Multiple Choice

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