The Following Questions Relate To Kyle Company Which Manufactures Products Ka Kb And Kc From A Joint Process Joint P 1 (23.72 KiB) Viewed 28 times
The Following Questions Relate To Kyle Company Which Manufactures Products Ka Kb And Kc From A Joint Process Joint P 2 (16.84 KiB) Viewed 28 times
The Following Questions Relate To Kyle Company Which Manufactures Products Ka Kb And Kc From A Joint Process Joint P 3 (16.72 KiB) Viewed 28 times
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $194,000. Additional information follows. If Processed further Units Product Produced KA 80,500 KB 56,350 KC 24,150 Sales Value at Split-Off $248,000 217,000 155,000 Sales Values Additional costs $340, eee $54,000 280,000 42,000 230,000 30,000 Required: a. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA (including $54,000 if processed further)? b. Assuming that joint product costs are allocated using the sales value at split-off (net realizable value method), what was the total cost of product KB (including the $42,000 if processed further)?
Complete this question by entering your answers in the tabs below. Required A Required B Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA (including $54,000 if processed further)? (Do not round intermediate calculations.) Total cost of product KA
Complete this question by entering your answers in the tabs below. Required A Required B Assuming that Joint product costs are allocated using the sales value at split-off (net realizable value method), what was the total cost of product KB (Including the $42,000 if processed further)? (Do not round Intermediate calculations.) Total cost of product KB
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