Russell Co

question 52

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 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:

Modified Block

A format for business letters where the text is left-aligned, except for the date and closing, which are tabbed to the center or right.

Letter Style

A specific format or template for writing letters, often including elements like address placement, greeting, and signature.

Flush Margin

This refers to text that is lined up along the left margin in a document, creating a uniform edge.

Business Letter

A formal document exchanged between companies or between a company and its clients, suppliers, or other parties.