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Business, 29.03.2021 21:00 tchocho8621

Stone Industries produces chemicals used in the production of granite and quartz countertops used in residential homes. In one joint process, 20,000 gallons of Benzonite is processed into 14,000 gallons of Ultralite and 6,000 gallons of Concentralite. The joint process costs are $38,000. The following information is available: Ultralite Concentralite Allocated joint process costs $ 26,600 $ 11,400 Sales price per gallon at split-off point $ 0.85 $ 1.25 Variable cost to process further $ 52,000 $ 6,600 Sales price per gallon after further processing $ 4.60 $ 2.20 Stone Industries allocated the joint processing costs on the basis of gallons of product produced. Using the relative-sales-value method, how much of the joint processing costs would be allocated to Ultralite

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Stone Industries produces chemicals used in the production of granite and quartz countertops used in...
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