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Torid Company Processes 18,025 Gallons of Direct Materials to Produce

Question 120

Multiple Choice

Torid Company processes 18,025 gallons of direct materials to produce two products,Product X and Product Y.Product X sells for $5 per gallon and Product Y,the main product,sells for $170 per gallon.The following information is for December:
Torid Company processes 18,025 gallons of direct materials to produce two products,Product X and Product Y.Product X sells for $5 per gallon and Product Y,the main product,sells for $170 per gallon.The following information is for December:   The manufacturing costs totalled $26,000. Under production method,Product X NRV would be offset against the costs of Product Y by how much? A) $28,500 B) $29,000 C) $17,000 D) $500
The manufacturing costs totalled $26,000.
Under production method,Product X NRV would be offset against the costs of Product Y by how much?


A) $28,500
B) $29,000
C) $17,000
D) $500

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