Raymer Corporation Produced 3,660 Units,consisting of Three Separate Products,in a Joint

question 19

Multiple Choice

Raymer Corporation produced 3,660 units,consisting of three separate products,in a joint process for the year.The market for these products was so unstable that it was not practical to estimate the selling price of the products.A cost of $425,000 was incurred in the joint process.Product X's production was 80% of product Y's while product Z's production was 125% of product Y's.What is the amount of the joint cost allocable to product X assuming Raymer uses the physical quantities method of allocation?

• A)$111,475.
• B)$114,865.
• C)$139,344.
• D)$141,667.

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Definitions:

Diapedesis

The squeezing of a cell through a blood vessel wall.

WBCs

White blood cells, which are part of the immune system and help the body fight infections and other diseases.

Globulins

Plasma proteins that transport lipids and some vitamins.

Plasma Proteins

Vital proteins found in blood plasma involved in diverse functions, including clotting, immune responses, and carrying substances throughout the body.