Multiple Choice
Ryan Company
Ryan Company manufactures products X and Y from a joint process that also yields a by-product,Z.Revenue from sales of Z is treated as a reduction of joint costs.Additional information is as follows:
| Products | ||||
| X | Y | Z | Total | |
| Units produced | 20,000 | 20,000 | 10,000 | 50,000 |
| Joint costs | ? | ? | ? | $262,000 |
| Sales value at | ||||
| split-off | $300,000 | $150,000 | $10,000 | $460,000 |
Joint costs were allocated using the sales value at split-off approach.
Refer to Ryan Company.The joint costs allocated to product X were
A) $ 84,000
B) $100,800.
C) $150,000.
D) $168,000.
Correct Answer:
Verified
Correct Answer:
Verified
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