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Answer the following questions using the information below:
Netzone Company is in semiconductor industry and fabrication of silicon-wafer chips splits off two types of memory chips, Standard and Premium. The following information was collected for last quarter of the calendar year:
The cost of purchasing 200 kgs of direct materials and processing it up to the splitoff point to yield a total of 16,500 chips of good products was $1,950,000.
Beginning inventories totalled 100 chips for Standard and 50 chips for Premium. Ending inventory amounts reflected 100 chips of Standard and 50 chips of Premium. October costs per unit were the same as November.
-When using a physical-volume measure,what is the approximate amount of joint costs that will be allocated Standard chips?
Cork Cambium
Lateral meristem that produces cork.
Primary Xylem
The first-formed xylem in a plant, responsible for water and mineral transportation, and it contributes to the plant's structural support.
Bulb
is a plant organ of perennation, consisting of a short stem with fleshy leaves or leaf bases that function as food storage during dormancy.
Root Hairs
Small hair-like outgrowths from a plant root that increase the surface area for water and nutrient absorption.
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