Russell Co

question 78

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 W using the sales value at split-off 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)$18,624.
• D)$28,496.
• E)$17,345.

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Definitions:

Blatant Discrimination

Open, conspicuous, unashamed unfair treatment of individuals based on their race, gender, age, or other characteristics.

Tenancy At Will

A lease arrangement where either the tenant or the landlord can terminate the agreement at any time without cause.

Indefinite Period

A time frame without a specified end date, often used in contracts or employment agreements to indicate open-ended duration.

Exclusive Right

A privilege given to an individual or entity to be the sole provider or beneficiary of a certain service, product, or right, often for a specific period.