Kellman Company Kellman Company Manufactures Products X and Y from a Joint

question 119

Multiple Choice

Kellman Company Kellman Company manufactures products X and Y from a joint process that also yields a by-product, Z. Revenue from sales of Z is treated as a reduction of joint costs. Additional information is as follows:
Joint costs were allocated using the sales value at split-off approach.
Refer to Kellman Company. The joint costs allocated to product Y were

• A) $ 84,000
• B) $100,800.
• C) $150,000.
• D) $168,000.

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Definitions:

Peter Drucker

A renowned management consultant, educator, and author, considered the father of modern management.

Delegation

The assignment of responsibility and authority to someone else while retaining ultimate accountability.

Accountable

Being responsible for one's actions and the outcomes of those actions, often involving an obligation to report, explain, or justify them.

Good Management

Refers to the process of effectively planning, organizing, leading, and controlling resources and tasks to achieve organizational goals.