SlideShare a Scribd company logo
Convad Company is one of the world's leading com refiners. It produces two joint products,
corn syrup and cornstarch, using a common production process. In July, Convad reported the
following production and selling price information: (Click the icon to view the production and
selling price information.) Required Allocate the $325,000 joint costs using the NRV method.
(Round the weightings to two decimal places.)
Production and selling price information

More Related Content

More from stexfitness

Consider the Poisson probability distribution with =12.6. Determine t.pdf
 Consider the Poisson probability distribution with =12.6. Determine t.pdf Consider the Poisson probability distribution with =12.6. Determine t.pdf
Consider the Poisson probability distribution with =12.6. Determine t.pdf
stexfitness
 
Consider the forwarding table below. Indicate the link interface to w.pdf
 Consider the forwarding table below. Indicate the link interface to w.pdf Consider the forwarding table below. Indicate the link interface to w.pdf
Consider the forwarding table below. Indicate the link interface to w.pdf
stexfitness
 
Consider the following premerger information about Firm X and Firm Y .pdf
 Consider the following premerger information about Firm X and Firm Y .pdf Consider the following premerger information about Firm X and Firm Y .pdf
Consider the following premerger information about Firm X and Firm Y .pdf
stexfitness
 
Consider the following simplified version of the RSA algorithm for pu.pdf
 Consider the following simplified version of the RSA algorithm for pu.pdf Consider the following simplified version of the RSA algorithm for pu.pdf
Consider the following simplified version of the RSA algorithm for pu.pdf
stexfitness
 
Consider the following supply and demand model of good i in region jQ.pdf
 Consider the following supply and demand model of good i in region jQ.pdf Consider the following supply and demand model of good i in region jQ.pdf
Consider the following supply and demand model of good i in region jQ.pdf
stexfitness
 
Consider the following income statement for the Luna Lighting Company.pdf
 Consider the following income statement for the Luna Lighting Company.pdf Consider the following income statement for the Luna Lighting Company.pdf
Consider the following income statement for the Luna Lighting Company.pdf
stexfitness
 
Consider the following a) $20 billion in Canada Savings bonds are in.pdf
 Consider the following a) $20 billion in Canada Savings bonds are in.pdf Consider the following a) $20 billion in Canada Savings bonds are in.pdf
Consider the following a) $20 billion in Canada Savings bonds are in.pdf
stexfitness
 
Consider the following joint distribution of random va a. Find PX(x.pdf
 Consider the following joint distribution of random va a. Find PX(x.pdf Consider the following joint distribution of random va a. Find PX(x.pdf
Consider the following joint distribution of random va a. Find PX(x.pdf
stexfitness
 
Concord Corporation had 606000 sheres of common stock outitanding on .pdf
 Concord Corporation had 606000 sheres of common stock outitanding on .pdf Concord Corporation had 606000 sheres of common stock outitanding on .pdf
Concord Corporation had 606000 sheres of common stock outitanding on .pdf
stexfitness
 
Consider the discrete random variables X1 and X2 with joint probabili.pdf
 Consider the discrete random variables X1 and X2 with joint probabili.pdf Consider the discrete random variables X1 and X2 with joint probabili.pdf
Consider the discrete random variables X1 and X2 with joint probabili.pdf
stexfitness
 
Con sede en Clichy, Francia, a las afueras de Par�s, LOr�al es l.pdf
 Con sede en Clichy, Francia, a las afueras de Par�s, LOr�al es l.pdf Con sede en Clichy, Francia, a las afueras de Par�s, LOr�al es l.pdf
Con sede en Clichy, Francia, a las afueras de Par�s, LOr�al es l.pdf
stexfitness
 
Consider a Poisson probability distribution with =4.7. Determine the .pdf
 Consider a Poisson probability distribution with =4.7. Determine the .pdf Consider a Poisson probability distribution with =4.7. Determine the .pdf
Consider a Poisson probability distribution with =4.7. Determine the .pdf
stexfitness
 
Consider a investor purchasing a EUR currency call option with the fo.pdf
 Consider a investor purchasing a EUR currency call option with the fo.pdf Consider a investor purchasing a EUR currency call option with the fo.pdf
Consider a investor purchasing a EUR currency call option with the fo.pdf
stexfitness
 
common stock currently outstanding. . Calculate Everdeens 2019 earni.pdf
 common stock currently outstanding. . Calculate Everdeens 2019 earni.pdf common stock currently outstanding. . Calculate Everdeens 2019 earni.pdf
common stock currently outstanding. . Calculate Everdeens 2019 earni.pdf
stexfitness
 
Come up with five examples of firms that have used imitation as a w.pdf
 Come up with five examples of firms that have used imitation as a w.pdf Come up with five examples of firms that have used imitation as a w.pdf
Come up with five examples of firms that have used imitation as a w.pdf
stexfitness
 
Computing Measures of Central Tendency Be sure to show your work for .pdf
 Computing Measures of Central Tendency Be sure to show your work for .pdf Computing Measures of Central Tendency Be sure to show your work for .pdf
Computing Measures of Central Tendency Be sure to show your work for .pdf
stexfitness
 
Compute the missing amounts for the following table (Click the icon.pdf
 Compute the missing amounts for the following table  (Click the icon.pdf Compute the missing amounts for the following table  (Click the icon.pdf
Compute the missing amounts for the following table (Click the icon.pdf
stexfitness
 
Choose the property of life best illustrated by each fact Muscle.pdf
 Choose the property of life best illustrated by each fact Muscle.pdf Choose the property of life best illustrated by each fact Muscle.pdf
Choose the property of life best illustrated by each fact Muscle.pdf
stexfitness
 
Complete the table below for contnbution margin per unit, total contr.pdf
 Complete the table below for contnbution margin per unit, total contr.pdf Complete the table below for contnbution margin per unit, total contr.pdf
Complete the table below for contnbution margin per unit, total contr.pdf
stexfitness
 

More from stexfitness (19)

Consider the Poisson probability distribution with =12.6. Determine t.pdf
 Consider the Poisson probability distribution with =12.6. Determine t.pdf Consider the Poisson probability distribution with =12.6. Determine t.pdf
Consider the Poisson probability distribution with =12.6. Determine t.pdf
 
Consider the forwarding table below. Indicate the link interface to w.pdf
 Consider the forwarding table below. Indicate the link interface to w.pdf Consider the forwarding table below. Indicate the link interface to w.pdf
Consider the forwarding table below. Indicate the link interface to w.pdf
 
Consider the following premerger information about Firm X and Firm Y .pdf
 Consider the following premerger information about Firm X and Firm Y .pdf Consider the following premerger information about Firm X and Firm Y .pdf
Consider the following premerger information about Firm X and Firm Y .pdf
 
Consider the following simplified version of the RSA algorithm for pu.pdf
 Consider the following simplified version of the RSA algorithm for pu.pdf Consider the following simplified version of the RSA algorithm for pu.pdf
Consider the following simplified version of the RSA algorithm for pu.pdf
 
Consider the following supply and demand model of good i in region jQ.pdf
 Consider the following supply and demand model of good i in region jQ.pdf Consider the following supply and demand model of good i in region jQ.pdf
Consider the following supply and demand model of good i in region jQ.pdf
 
Consider the following income statement for the Luna Lighting Company.pdf
 Consider the following income statement for the Luna Lighting Company.pdf Consider the following income statement for the Luna Lighting Company.pdf
Consider the following income statement for the Luna Lighting Company.pdf
 
Consider the following a) $20 billion in Canada Savings bonds are in.pdf
 Consider the following a) $20 billion in Canada Savings bonds are in.pdf Consider the following a) $20 billion in Canada Savings bonds are in.pdf
Consider the following a) $20 billion in Canada Savings bonds are in.pdf
 
Consider the following joint distribution of random va a. Find PX(x.pdf
 Consider the following joint distribution of random va a. Find PX(x.pdf Consider the following joint distribution of random va a. Find PX(x.pdf
Consider the following joint distribution of random va a. Find PX(x.pdf
 
Concord Corporation had 606000 sheres of common stock outitanding on .pdf
 Concord Corporation had 606000 sheres of common stock outitanding on .pdf Concord Corporation had 606000 sheres of common stock outitanding on .pdf
Concord Corporation had 606000 sheres of common stock outitanding on .pdf
 
Consider the discrete random variables X1 and X2 with joint probabili.pdf
 Consider the discrete random variables X1 and X2 with joint probabili.pdf Consider the discrete random variables X1 and X2 with joint probabili.pdf
Consider the discrete random variables X1 and X2 with joint probabili.pdf
 
Con sede en Clichy, Francia, a las afueras de Par�s, LOr�al es l.pdf
 Con sede en Clichy, Francia, a las afueras de Par�s, LOr�al es l.pdf Con sede en Clichy, Francia, a las afueras de Par�s, LOr�al es l.pdf
Con sede en Clichy, Francia, a las afueras de Par�s, LOr�al es l.pdf
 
Consider a Poisson probability distribution with =4.7. Determine the .pdf
 Consider a Poisson probability distribution with =4.7. Determine the .pdf Consider a Poisson probability distribution with =4.7. Determine the .pdf
Consider a Poisson probability distribution with =4.7. Determine the .pdf
 
Consider a investor purchasing a EUR currency call option with the fo.pdf
 Consider a investor purchasing a EUR currency call option with the fo.pdf Consider a investor purchasing a EUR currency call option with the fo.pdf
Consider a investor purchasing a EUR currency call option with the fo.pdf
 
common stock currently outstanding. . Calculate Everdeens 2019 earni.pdf
 common stock currently outstanding. . Calculate Everdeens 2019 earni.pdf common stock currently outstanding. . Calculate Everdeens 2019 earni.pdf
common stock currently outstanding. . Calculate Everdeens 2019 earni.pdf
 
Come up with five examples of firms that have used imitation as a w.pdf
 Come up with five examples of firms that have used imitation as a w.pdf Come up with five examples of firms that have used imitation as a w.pdf
Come up with five examples of firms that have used imitation as a w.pdf
 
Computing Measures of Central Tendency Be sure to show your work for .pdf
 Computing Measures of Central Tendency Be sure to show your work for .pdf Computing Measures of Central Tendency Be sure to show your work for .pdf
Computing Measures of Central Tendency Be sure to show your work for .pdf
 
Compute the missing amounts for the following table (Click the icon.pdf
 Compute the missing amounts for the following table  (Click the icon.pdf Compute the missing amounts for the following table  (Click the icon.pdf
Compute the missing amounts for the following table (Click the icon.pdf
 
Choose the property of life best illustrated by each fact Muscle.pdf
 Choose the property of life best illustrated by each fact Muscle.pdf Choose the property of life best illustrated by each fact Muscle.pdf
Choose the property of life best illustrated by each fact Muscle.pdf
 
Complete the table below for contnbution margin per unit, total contr.pdf
 Complete the table below for contnbution margin per unit, total contr.pdf Complete the table below for contnbution margin per unit, total contr.pdf
Complete the table below for contnbution margin per unit, total contr.pdf
 

Recently uploaded

Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Cognitive Development Adolescence Psychology
Cognitive Development Adolescence PsychologyCognitive Development Adolescence Psychology
Cognitive Development Adolescence Psychology
paigestewart1632
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
heathfieldcps1
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
Celine George
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
Academy of Science of South Africa
 
Life upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for studentLife upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for student
NgcHiNguyn25
 
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
National Information Standards Organization (NISO)
 
Main Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docxMain Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docx
adhitya5119
 
A Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdfA Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdf
Jean Carlos Nunes Paixão
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Dr. Vinod Kumar Kanvaria
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
Israel Genealogy Research Association
 
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental DesignDigital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
amberjdewit93
 
The History of Stoke Newington Street Names
The History of Stoke Newington Street NamesThe History of Stoke Newington Street Names
The History of Stoke Newington Street Names
History of Stoke Newington
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
mulvey2
 
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
PECB
 
Smart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICTSmart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICT
simonomuemu
 
How to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 InventoryHow to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 Inventory
Celine George
 
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptxPengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Fajar Baskoro
 
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdfLiberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
WaniBasim
 

Recently uploaded (20)

Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
 
Cognitive Development Adolescence Psychology
Cognitive Development Adolescence PsychologyCognitive Development Adolescence Psychology
Cognitive Development Adolescence Psychology
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
 
Life upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for studentLife upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for student
 
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
 
Main Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docxMain Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docx
 
A Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdfA Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdf
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
 
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental DesignDigital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
 
The History of Stoke Newington Street Names
The History of Stoke Newington Street NamesThe History of Stoke Newington Street Names
The History of Stoke Newington Street Names
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
 
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
 
Smart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICTSmart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICT
 
How to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 InventoryHow to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 Inventory
 
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptxPengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
 
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdfLiberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
 

Convad Company is one of the worlds leading com refiners. It pro.pdf

  • 1. Convad Company is one of the world's leading com refiners. It produces two joint products, corn syrup and cornstarch, using a common production process. In July, Convad reported the following production and selling price information: (Click the icon to view the production and selling price information.) Required Allocate the $325,000 joint costs using the NRV method. (Round the weightings to two decimal places.) Production and selling price information