Russell Co

question 35

Multiple Choice

Russell Co.produces three products - U,V,and W - 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.Last year all three products were processed beyond split-off.Joint production costs for the year were $70,000.Sales values and costs needed to evaluate Russell's production policy follow.
The amount of joint costs allocated to product V using the physical measure method is (calculate all ratios and percentages to 4 decimal places,for example 33.3333%,and round all dollar amounts to the nearest whole dollar) :

• A)$19,266.
• B)$32,110.
• C)$23,333.
• D)$14,000.
• E)$32,667.

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Definitions:

Buddhist Monastery

A community or complex where monks or nuns live, work, and worship, dedicated to the practice and study of Buddhism.

Sanchi

An ancient Buddhist complex in India known for its Great Stupa.

Gandhara

An ancient region located in what is today northwest Pakistan and eastern Afghanistan, known for its distinctive Greco-Buddhist art style that flourished between the 1st century BCE and the 7th century CE.

Yakshis

Mythological female spirit figures associated with fertility and vegetation in Hindu, Jain, and Buddhist traditions, often depicted in ancient Indian art.