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Each Pound of the Raw Material, Ore, Yields 5 Units

question 13

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Each pound of the raw material, ore, yields 5 units of Beta and 15 units of Gamma.Ore costs $20 per pound.A pound of ore has processing costs (not including the cost of the raw material) of $30 at the split-off point.The selling price for a unit of Beta is $80.The selling price for a unit of Gamma is $40.If the physical quantities method is used to allocate the joint costs, what is the total cost that will be allocated to each unit of Gamma?

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Definitions:

Transcription

The process of copying a segment of DNA into RNA.

RNA Polymerases

Enzymes that synthesize RNA molecules from a DNA template during the process of transcription, key to gene expression.

Translation

The biological process of synthesizing proteins from messenger RNA sequences in the ribosomes.

tRNA Triplet

A trio of nucleotides in transfer RNA that matches a complementary codon in messenger RNA during the formation of proteins.

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