Allocating Sort Costs Uning The Physical Units Method Orchard Fresh Inc Purchases Apples From Local Orchards And Dorts 1 (18.91 KiB) Viewed 38 times
Allocating Sort Costs Uning The Physical Units Method Orchard Fresh Inc Purchases Apples From Local Orchards And Dorts 2 (31.89 KiB) Viewed 38 times
Allocating Sort Costs Uning the Physical Units Method Orchard Fresh, Inc, purchases apples from local orchards and dorts them into four categories Gendere large blemish treeples that can be sold to pourmet frukter Grade apples are smaller and may be slightly out of proportion. These are packed in boxes and sold to grocery stores Apples for stices are even smaller than Grade 1 apples and have blemishes. Apples for applesauce are of lower grade than opples for slices, yet still suitable for canning Information on a recent purchase of 22,000 pounds of soples is as follows: Grades Pounds Onde 1,540 Orade 5.500 3.000 6,160 To 27,000 Totalt 16.500 Required: 1. Mochte the mount, come to the four grades et orng the physical is method Joint Cost Grades Allocation
Total 2. Allocate the joint cost to the four grades of applers by finding the average joint cost per pound and multiplying it by the number of pounds in the grade, Bound the average cost answer to the nearest cent. Average cost per pound Joint Cost Grades Allocation Grade A Grade Slices Applesauce 3. What if there were 180 pounds of Grade Apples and 5,000 pounds of Grade B? How would that affect the allocation of cost to these two grandes. How would affect the allocation of cost to the remaining common grades? Joint Cost Grades Allocation Onde Grade Slices Applesauce
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