Russell Co

question 25

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 U using the net realizable value 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)$24,159.
• B)$28,496.
• C)$18,624.
• D)$17,345.
• E)$32,110.

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Definitions:

Intrinsic Motives

Internal drives that inspire behavior based on internal rewards, satisfaction, or personal fulfillment.

Extrinsic Motives

Motivation driven by external rewards or pressures rather than internal satisfaction or fulfillment.

Polygraph

A device that measures and records several physiological indices such as blood pressure, pulse, respiration, and skin conductivity while the person is asked and answers a series of questions.

Physiological Functioning

Refers to the normal operation of physical and biological processes in living organisms.