BC Lumber Processes Timber into Four Products

question 155

Essay

BC Lumber processes timber into four products.During January the joint costs of processing were $280,000.There was no beginning inventory at the beginning of the month.Production and sales value information for the month were as follows:
Sales Value at

Required:
Determine the value of ending inventory if the sales value at splitoff method is used for product costing.Round to 3 decimal places when necessary.

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Definitions:

Grief and mourning

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Bereaved individuals

Persons grieving the death of a loved one, experiencing a range of emotional, physical, and psychological challenges.

Bowlby

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Double effect

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