Multiple Choice
Use the information below to answer the following question(s) .Troy Company processes 15,000 litres of direct materials to produce two products, Product X and Product Y.Product X, a byproduct, sells for $4 per litre, and Product Y, the main product, sells for $50 per litre.The following information is for August:
The manufacturing costs totalled $95,000.
-How much is the ending inventory for the byproduct if byproducts are recognized in the general ledger when production is completed?
A) $0
B) $1,500
C) $14,375
D) $16,000
E) $17,500
Correct Answer:

Verified
Correct Answer:
Verified
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