subject
Business, 17.04.2020 04:56 ruslffdr

Natural Milk Products refines raw milk into cream and liquid skim. Joint costs incurred during the month of April were $2,600,000. Cream requires further processing to be marketable and hence a further processing cost of $300,000 was incurred. Liquid skim also requires further processing to be marketable and hence a further processing cost of $100,000 was incurred. Cream was sold at $10 per gallon and liquid skim at $4.00 per gallon. During the month of April, 200,000 gallons of cream and 800,000 gallons of liquid skim were processed. What is the production cost per gallon of cream for the month of April using the NRV method

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:30
Quantitative problem: you need $20,000 to purchase a used car. your wealthy uncle is willing to lend you the money as an amortized loan. he would like you to make annual payments for 4 years, with the first payment to be made one year from today. he requires a 8% annual return. what will be your annual loan payments? round your answer to the nearest cent. do not round intermediate calculations. $ how much of your first payment will be applied to interest and to principal repayment? round your answer to the nearest cent. do not round intermediate calculations. interest: $ principal repayment
Answers: 1
question
Business, 22.06.2019 19:40
On april 1, santa fe, inc. paid griffith publishing company $2,448 for 36-month subscriptions to several different magazines. santa fe debited the prepayment to a prepaid subscriptions account, and the subscriptions started immediately. what amount should appear in the prepaid subscription account for santa fe, inc. after adjustments on december 31 of the first year assuming the company is using a calendar-year reporting period and no previous adjustment has been made?
Answers: 1
question
Business, 23.06.2019 00:30
Kim davis is in the 40 percent personal tax bracket. she is considering investing in hca(taxable) bonds that carry a 12 percent interest rate. what is her after- tax yield(interest rate) on the bonds?
Answers: 1
question
Business, 23.06.2019 12:40
What is the market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied? market equilibrium rental price $ per month
Answers: 1
You know the right answer?
Natural Milk Products refines raw milk into cream and liquid skim. Joint costs incurred during the m...
Questions
question
Spanish, 04.09.2020 02:01
question
Mathematics, 04.09.2020 02:01
Questions on the website: 13722367