Required information Problem 17-30 Joint Cost Allocation; Missing Data (LO 17-4) [The following information applies to the questions displayed below.] Berger Company manufactures products Delta, Kappa, and Omega from a joint process. Production, sales, and cost data for July follow. Units produced Joint cost allocation. Sales value at split-off Additional costs if processed further Sales value if processed further Problem 17-30 Part 1 Kappa Omega Delta Allocation of Joint Costs 5,800 $ 68,400 Kappa 3,080 ? ? $ 8,800 $ 6,800 $160,000 $70,000 Omega 1,720 ? $28,500 $ 4,800 $65,000 Required: 1. Assuming that joint costs are allocated using the relative-sales-value method, what were the joint costs allocated to products Kappa and Omega? (Do not round intermediate calculations.) Total 10,600 $ 96,000 $190,000 $ 20,400 $295,000

Required information Problem 17-30 Joint Cost Allocation; Missing Data (LO 17-4) [The following information applies to the questions displayed below.] Berger Company manufactures products Delta, Kappa, and Omega from a joint process. Production, sales, and cost data for July follow. Units produced Joint cost allocation. Sales value at split-off Additional costs if processed further Sales value if processed further Problem 17-30 Part 1 Kappa Omega Delta Allocation of Joint Costs 5,800 $ 68,400 Kappa 3,080 ? ? $ 8,800 $ 6,800 $160,000 $70,000 Omega 1,720 ? $28,500 $ 4,800 $65,000 Required: 1. Assuming that joint costs are allocated using the relative-sales-value method, what were the joint costs allocated to products Kappa and Omega? (Do not round intermediate calculations.) Total 10,600 $ 96,000 $190,000 $ 20,400 $295,000

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 23E: Refer to the data in Exercise 7.22. The company has decided to simplify its method of allocating...

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Required information Problem 17-30 Joint Cost Allocation; Missing Data (LO 17-4) [The following information applies to the questions displayed below.] Berger Company manufactures products Delta, Kappa, and Omega from a joint process. Production, sales, and cost data for July follow. Units produced Joint cost allocation. Sales value at split-off Additional costs if processed further Sales value if processed further Problem 17-30 Part 2 Sales value at split-off for Delta Delta Kappa Omega Delta 5,800 $ 68,400 ? $ 8,800 $160,000 Kappa 3,080 Allocation of Joint Costs Omega 1,720 2. Assuming that joint costs are allocated using the relative-sales-value method, what was the sales value at split-off for product Delta? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) ? ? $28,500 $ 6,800 $ 4,800 $70,000 $65,000 Total 10,600 $ 96,000 $190,000 $ 20,400 $295,000 3. Use the net-realizable-value method to allocate the joint production costs to the three…
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