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

question 22

Multiple Choice

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 relative sales value method is used to allocate the joint costs, what is the total cost allocated to each unit of Beta?

• A)$12.00
• B)$20.00
• C)$33.33
• D)$12.50

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Definitions:

Mental Causes

Factors originating in the mind that can lead to certain behaviors or psychological states.

Freudian Concepts

Ideas developed by Sigmund Freud that focus on the unconscious mind, the significance of childhood experiences, and defense mechanisms.

Empirically-Oriented Psychologists

Psychologists who focus on collecting and analyzing data to understand and explain human behavior.

Educational Psychologists

Professionals who study how people learn, including the instructional processes, the psychology of teaching, and the social psychology of schools as organizations.