Hurley Processors Processes Clay into Two Joint Products, Molding Foam

question 84

Multiple Choice

Hurley Processors processes clay into two joint products, molding foam and craft blocks.When processed, each pound of clay yields 20 units of foam and 80 units of blocks.Foam sells for $2 per unit and blocks sells for $1.50 per unit.The total cost to process a 100-pound batch of clay is $35.If the relative sales value method is used to allocate the joint costs, how much will be allocated to craft blocks?

• A)$8.75
• B)$26.25
• C)$28.00
• D)$15.00

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Definitions:

Inclusion And Respect

Concepts that involve valuing and leveraging differences among individuals in an organization or community to create a welcoming and equitable environment.

Exclusion And Disrespect

The act of deliberately omitting or showing a lack of respect towards others, often leading to feelings of alienation and undervaluation.

Tolerance For Ambiguity

An individual’s capacity to remain comfortable and continue to function effectively when faced with uncertain or unclear situations.

Personal Preferences

Individual tastes or desires that influence choices or decisions, based on personal likes or dislikes rather than objective criteria.