Products X,Y,and Z Are Produced from the Same Process at a Cost

question 102

Multiple Choice

Products X,Y,and Z are produced from the same process at a cost of $5,200.Five thousand pounds of raw material yields 1,500 X,2,500 Y,and 1,000 Z.Selling prices are: X $2 per unit,Y $4 per unit,Z valueless.The ending inventory of X is 50 units.What is the value of the ending inventory if joint costs are allocated using net realizable value?

• A) $21.67.
• B) $31.20.
• C) $40.00.
• D) $42.00.

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Definitions:

Disparate-Impact Cases

Legal cases that deal with practices that adversely affect one group of people more than another, even if the practices are formally neutral.

Unintentional Discrimination

A situation where policies, practices, or actions result in unequal outcomes for different groups without the intent to discriminate.

Same Sex Harassment

Harassment on the basis of sexual orientation or toward individuals of the same sex, which can include unwelcome sexual advances or conduct affecting job performance.

Title VII

A segment of the Civil Rights Act of 1964 that bans discrimination in employment due to race, color, religious beliefs, sex, or the country of origin.