subject
Business, 02.07.2021 01:00 waltzcampbell

Pirate Seafood Company purchases lobsters and processes them into tails and flakes. It sells the lobster tails for $19.40 per pound and the flakes for $15.10 per pound. On average, 100 pounds of lobster are processed into 53 pounds of tails and 27 pounds of flakes, with 20 pounds of waste. Assume that the company purchased 3,000 pounds of lobster for $4 per pound and processed the lobsters with an additional labor cost of $9,300. No materials or labor costs are assigned to the waste. If 1,444 pounds of tails and 734 pounds of flakes are sold, calculate the allocated cost of the sold items and the allocated cost of the ending inventory. The company allocates joint costs on a value basis

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:10
9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u.s. parent on bank deposits held in london d. interest received by a u.s. parent on a loan to a subsidiary in mexico e. principal repayment received by u.s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u.s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation
Answers: 2
question
Business, 22.06.2019 10:50
Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.
Answers: 2
question
Business, 22.06.2019 11:30
Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?
Answers: 1
question
Business, 22.06.2019 12:10
The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)
Answers: 1
You know the right answer?
Pirate Seafood Company purchases lobsters and processes them into tails and flakes. It sells the lob...
Questions
question
Mathematics, 11.12.2020 04:20
question
Social Studies, 11.12.2020 04:20
question
Mathematics, 11.12.2020 04:20
question
Mathematics, 11.12.2020 04:20
question
English, 11.12.2020 04:30
Questions on the website: 13722359