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Answer the Following Question(s)using the Information Below

Question 30

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Answer the following question(s) using the information below.The Oxnard Corporation processes a liquid component up to the splitoff point where two products, Mr.DirtOut and Mr.SinkClean, are produced and sold.There was no beginning inventory.The following material was collected for the month of January: Answer the following question(s) using the information below.The Oxnard Corporation processes a liquid component up to the splitoff point where two products, Mr.DirtOut and Mr.SinkClean, are produced and sold.There was no beginning inventory.The following material was collected for the month of January: The cost of purchasing 250,000 litres of direct materials and processing it up to the splitoff point to yield a total of 242,500 litres of good product was $380,000. -What are the physical volume proportions to allocate joint costs for Mr.DirtOut and Mr.SinkClean, respectively? A) 59.00% and 41.00% B) 60.82% and 39.18% C) 39.18% and 60.82% D) 59.79% and 40.21% E) 41.00% and 59.00% Answer the following question(s) using the information below.The Oxnard Corporation processes a liquid component up to the splitoff point where two products, Mr.DirtOut and Mr.SinkClean, are produced and sold.There was no beginning inventory.The following material was collected for the month of January: The cost of purchasing 250,000 litres of direct materials and processing it up to the splitoff point to yield a total of 242,500 litres of good product was $380,000. -What are the physical volume proportions to allocate joint costs for Mr.DirtOut and Mr.SinkClean, respectively? A) 59.00% and 41.00% B) 60.82% and 39.18% C) 39.18% and 60.82% D) 59.79% and 40.21% E) 41.00% and 59.00% The cost of purchasing 250,000 litres of direct materials and processing it up to the splitoff point to yield a total of 242,500 litres of good product was $380,000.
-What are the physical volume proportions to allocate joint costs for Mr.DirtOut and Mr.SinkClean, respectively?


A) 59.00% and 41.00%
B) 60.82% and 39.18%
C) 39.18% and 60.82%
D) 59.79% and 40.21%
E) 41.00% and 59.00%

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