Use the Information Below to Answer the Following Question(s)

question 80

Multiple Choice

Use the information below to answer the following question(s) .Troy Company processes 15,000 litres of direct materials to produce two products, Product X and Product Y.Product X, a byproduct, sells for $4 per litre, and Product Y, the main product, sells for $50 per litre.The following information is for August:
The manufacturing costs totalled $95,000.
-How much is the ending inventory for the byproduct if byproducts are recognized in the general ledger when production is completed?

• A)$0
• B)$1,500
• C)$14,375
• D)$16,000
• E)$17,500

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Definitions:

Collaboration

The process of two or more people, entities, or organizations working together towards a common goal, often leading to innovative solutions or increased productivity.

Customer Experience

The collective impact of multiple touchpoints and interactions a customer has with a brand over time, influencing satisfaction and loyalty.

Marketspace Company Presence

A company's strategic visibility and engagement in the digital domain, encompassing online marketing, e-commerce, and digital branding.

Multichannel Marketing

The practice of interacting with customers using a combination of indirect and direct communication channels to sell products or services.