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Other Fields Homework Help Accounting Topic started by: jerico on Mar 14, 2015



Title: Which of the following statements about Alfarm's joint production costs is true?
Post by: jerico on Mar 14, 2015
Which of the following statements about Alfarm's joint production costs is true?
A) The gross-margin percentage per gallon of Cream and Liquid skim are equal because joint costs are allocated based on the number of gallons.
B) The gross-margin percentage per gallon of Cream is higher than gross margin percentage per gallon of Liquid skim because of Cream's higher production volume.
C) The joint production cost per gallon of Cream and Liquid skim are equal because joint costs are allocated based on the number of gallons.
D) The joint production cost per gallon of Cream is higher than joint production cost per gallon of Liquid skim because of Cream's higher production volume.


Title: Re: Which of the following statements about Alfarm's joint production costs is true?
Post by: cyborg on Mar 16, 2015
Content hidden


Title: Re: Which of the following statements about Alfarm's joint production costs is true?
Post by: jerico on Mar 23, 2015
I can confidently say that it looks and sounds right lol Thank you :) Give this man a thumbs up.


Title: Re: Which of the following statements about Alfarm's joint production costs is true?
Post by: cyborg on Mar 23, 2015
Cool! No problem.