HAVING PROBLEMS WITH THIS QUESTION. Use the following information to answer the
ID: 2498024 • Letter: H
Question
HAVING PROBLEMS WITH THIS QUESTION.
Use the following information to answer the questions:
Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $28,000 per ton, one-fourth of which is allocated to product X15. 6,000 units of product X15 are produced from each ton of clypton. The units can either be sold at the split-off point for $10.00 each, or processed further at a total cost of $11,000 and then sold for $13.33 each.
Required:
What is the profit or loss from additional processing? (A loss amount should be entered as a negative number.)
Use the following information to answer the questions:
Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $28,000 per ton, one-fourth of which is allocated to product X15. 6,000 units of product X15 are produced from each ton of clypton. The units can either be sold at the split-off point for $10.00 each, or processed further at a total cost of $11,000 and then sold for $13.33 each.
Required:
What is the profit or loss from additional processing? (A loss amount should be entered as a negative number.)
Explanation / Answer
Product X15 Units Cost Allocated costs@ split-off 6000 7000 Further Processing costs 11000 Total cost 6000 18000 Profit foregone(60000-7000) 53000 Total cost 71000 Total sales value@ 13.33 6000 79980 Profit on sale 8980
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.