Deli Products Produces Two Products,X and Y,in a Single Process

question 44

Multiple Choice

Deli Products produces two products,X and Y,in a single process.In the current year,the joint costs of this process were $25,000.In addition,4,000 units of X and 6,000 units of Y were produced.Separable processing costs beyond the split-off point were X-$10,000; Y-$20,000.X sells for $10.00 per unit; Y sells for $7.50 per unit.
-What is the gross profit of product Y assuming the net realizable value method is used?

• A)$13,636
• B)$16,364
• C)$30,000
• D)$45,000

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Definitions:

Steep-Sided Cone

A type of volcanic mountain with steep sides, typically formed from eruptions that deposit large amounts of volcanic material around the vent.

Composite Volcano

A volcano known for its explosive outbursts, made up of alternating strata of ash and lava.

Convergent Boundary

A region where two or more tectonic plates are moving toward each other, often causing one plate to slide beneath the other.

Subduction Zone

A region of the Earth's crust where one tectonic plate moves under another, leading to volcanic activity, earthquakes, and the formation of mountain ranges and oceanic trenches.