Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: clmt2010 on Jul 31, 2018



Title: Torid Company processes 18,025 gallons of direct materials to produce two products, Product X and ...
Post by: clmt2010 on Jul 31, 2018
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:
BeginningEnding
ProductionSalesInventoryInven tory
Product X:580057000100
Product Y:10,07510,18012520

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


Title: Torid Company processes 18,025 gallons of direct materials to produce two products, Product X and ...
Post by: jbag1237 on Jul 31, 2018
Content hidden


Title: Re: Torid Company processes 18,025 gallons of direct materials to produce two products, Product X ...
Post by: jmdiaz910 on Jun 14, 2020
Thank you for the validation.