Marin Products Produces Three Products — DBB-1, DBB-2, and DBB-3

question 64

Multiple Choice

Marin Products produces three products — DBB-1, DBB-2, and DBB-3 from a joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Key information about Marin's production, sales, and costs follows.The amount of joint costs allocated to product DBB-1 using the sales value at split-off method is (calculate all ratios and percentages to 2 decimal places, for example 33.33%, and round all dollar amounts to the nearest whole dollar) :

• A) $939,240.
• B) $216,870.
• C) $447,120.
• D) $757,800.
• E) $2,213,640.

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Definitions:

Intergroup Bias

The tendency to favor one's own group over other groups, often resulting in prejudice and discrimination.

Interdependence

A condition where entities are reliant on each other, indicating a mutual dependency that influences outcomes and actions.

Group Favouritism

The tendency of individuals to give preferential treatment and favor members of their own group over those of other groups.

Group Identification

The extent to which individuals perceive themselves as being part of a group and align their attitudes and behaviors with group norms.