2. Beagle Manufacturing, Inc. uses a joint production process that produces three products at the split- off point. Joint production costs during April were $720,000. The company uses the net...


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2.<br>Beagle Manufacturing, Inc. uses a joint production process that produces three products at the split-<br>off point. Joint production costs during April were $720,000. The company uses the net realizable<br>value method for allocating joint costs. Product information for April was as follows:<br>Product<br>R<br>T<br>Units produced<br>2,500<br>5,000<br>7,500<br>Units sold<br>2,000<br>6,000<br>7,000<br>Sales prices per unit:<br>(After further processing)<br>$150<br>$115<br>$30<br>Costs to process after split-off<br>$150,000<br>$150,000 | $100,000<br>Required:<br>Prepare a schedule to show the computation for the unit costs for products R, S. T assuming the<br>company uses net realizable value to allocate joint costs.<br>**HINT - sales value amount should include the sales value of all product produced, not just the<br>sales of the product.**<br>

Extracted text: 2. Beagle Manufacturing, Inc. uses a joint production process that produces three products at the split- off point. Joint production costs during April were $720,000. The company uses the net realizable value method for allocating joint costs. Product information for April was as follows: Product R T Units produced 2,500 5,000 7,500 Units sold 2,000 6,000 7,000 Sales prices per unit: (After further processing) $150 $115 $30 Costs to process after split-off $150,000 $150,000 | $100,000 Required: Prepare a schedule to show the computation for the unit costs for products R, S. T assuming the company uses net realizable value to allocate joint costs. **HINT - sales value amount should include the sales value of all product produced, not just the sales of the product.**

Jun 10, 2022
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