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The Alfarm Corporation Processes Raw Milk Up to the Split-Off

question 27

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The Alfarm Corporation processes raw milk up to the split-off point where two products,cream and liquid skim,are produced and sold.There was no beginning inventory.The following material was collected for the month of February:
The Alfarm Corporation processes raw milk up to the split-off point where two products,cream and liquid skim,are produced and sold.There was no beginning inventory.The following material was collected for the month of February:   The cost of purchasing 780,000 gallons of direct materials and processing it up to the split-off point to yield a total of 758,500 gallons of good product was $2,310,000.When using a physical-volume measure,what is the approximate amount of joint costs that will be allocated to cream and liquid skim? (Round intermediary percentages to the nearest hundredth. )  A) $1,350,657 and $959,343 B) $1,155,000 and $1,155,000 C) $1,345,524 and $964,476 D) $1,313,442 and $996,558
The cost of purchasing 780,000 gallons of direct materials and processing it up to the split-off point to yield a total of 758,500 gallons of good product was $2,310,000.When using a physical-volume measure,what is the approximate amount of joint costs that will be allocated to cream and liquid skim? (Round intermediary percentages to the nearest hundredth. )


Definitions:

Dysfunctional Responses

Behaviors or reactions that are maladaptive or harmful, often resulting from unhealthy coping mechanisms or unresolved issues.

Adaptive Pathways

A flexible approach to drug development and regulation that aims to expedite access to new therapies for patients while gathering comprehensive data on its benefits and risks.

Overt Behavior

Visible or external actions or reactions that can be directly observed by others.

Operant Extinction

The process in behavior modification where behaviors are reduced or eliminated due to the withholding of reinforcement.

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