Chem Manufacturing Company Processes Direct Materials Up to the Split-Off

question 23

Multiple Choice

Chem Manufacturing Company processes direct materials up to the split-off point where two products (X and Y) are obtained and sold.The following information was collected for the month of November:



The cost of purchasing 10,200 gallons of direct materials and processing it up to the split-off point to yield a total of 9500 gallons of good products was $1,050,000.
The beginning inventories totaled 35 gallons for X and 400 gallons for Y.Ending inventory amounts reflected 565 gallons of Product X and 1,515,000 gallons of Product Y.October costs per unit were the same as November.
Using the physical-volume method,what is Product X's approximate gross-margin percentage? (Round all intermediary calculations two decimal places. )

• A)63%
• B)56%
• C)171%
• D)68%

---

Definitions:

Neurotransmitter

Chemicals released by neurons to transmit signals to other neurons or muscles, facilitating communication within the nervous system.

Axon Terminal

The endpoint of a neuron's axon where neurotransmitters are released to transmit signals to another neuron or effector cell.

Synaptic Vesicle

A synaptic vesicle is a small, spherical vesicle that contains neurotransmitters and is found within the terminal of a nerve fiber.

Sensory Impulses

Electrical signals that are generated by sensory receptors and travel along sensory neurons to the brain, where they are interpreted as sensations like touch, taste, sound, and sight.