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

question 84

Multiple Choice

Use the information below to answer the following question(s) :
Orange Paper Company processes wood pulp into two products.During February the joint costs of processing were $156,000.Production and sales value information for the month were as follows:
Paper sells for $2.85 a kilogram and cardboard sells for $3.90 a kilogram.There were no beginning inventories for April but ending inventories totalled 15,000 kilograms for paper and 18,000 kilograms for cardboard.
-How much of the Orange Paper Company joint costs should be allocated to the paper using the net realizable value method based on total production?

• A)$78,000
• B)$62,400
• C)$93,600
• D)$84,240
• E)$71,760

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Definitions:

Marketing Dashboard

A tool used to visually display key marketing metrics and KPIs at a glance, allowing businesses to monitor and measure performance and make informed decisions.

Marketing Metric

Quantitative measures used to track the performance and effectiveness of marketing activities against predefined targets or benchmarks

Gantt Chart

A visual project management tool that outlines tasks or activities against time, helping in scheduling and tracking project progress.

Marketing Program

A strategic plan that combines all marketing goals and tactics into one comprehensive, cohesive approach aimed at promoting a product or service.