PROBLEMS COST ACCOUNTING

PROBLEM #1




Req 1 A B C D
Market Value 80000 56000 108000 66000
Denominator (TOTAL) 310000 310000 310000 310000
Ratio 26% 18% 35% 21% 100%
Share in Joint Cost 56000 39200 75600 46200 217,000

Req 2 A B C D
Units Produce 20,000 32000 36000 24000
Average Unit Cost 1.9375
Share in Joint Cost 38750 62000 69750 46500 217,000

Req 3 A B C D
Weighted Factor 60000 176000 180000 144000
Denominator (TOTAL) 560000 560000 560000 560000
Ratio 11% 31% 32% 26% 100%
Share in Joint Cost 23250 68200 69750 55800 217,000


PROBLEM #2




Req 1 A B C

, SV at SO 88000 77000 55000
Denominator (TOTAL) 220000 220000 220000
Ratio 40% 35% 25% 100%
Share in Joint Cost 52800 46200 33000 132,000

Req 2 A B C
Units 13200 8800 4400
Denominator (TOTAL) 26400 26400 26400
Ratio 50% 33% 17% 100%
Share in Joint Cost 66000 44000 22000 132,000


PROBLEM #3




Req 1 A B C Total
Market Value at SO 420000 270000 60000
Denominator (TOTAL) 750000 750000 750000
Ratio 56% 36% 8% 100%
Share in Joint Cost 252000 162000 36000 450,000
Add'l Cost 88000 30000 12000 130000
Total Costs 340000 192000 48000 580000

Req 2 A B C Total
Average 50000 40000 10000
Denominator (TOTAL) 100000 100000 100000
Ratio 50% 40% 10% 100%
Share in Joint Cost 225000 180000 45000 450,000
Add'l Cost 88000 30000 12000 130000
Total Costs 313000 210000 57000 580000


PROBLEM #4