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Posted: December 17th, 2022
Please read all of the instructions carefully before completing the exam.
Cost Accounting I Practice Set Exam Phase #4Points: 50Due Date: At the end of Week 16, May 6, 2016 8:00 amPlease read all of the instructions carefully before completing the exam.Part 1: Bad River Company produces three products with the following production and cost information:Required:Determine the amount of overhead that would be assigned to each unit of all three products using activitybased costing.Part 2: Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes.During the summer, the joint costs of processing the tomatoes were $420,000. There was no beginning orending inventories for the summer. Production and sales value information for the summer were as follows:Required:a. Determine the amount allocated to each product if the estimated net realizable value method is used.b. Determine the amount allocated to each product if the physical units method is used.Submission method: Please email your Excel and/or Word files to emoney@dtcc.edu. You may send separatefiles for each part. Name the file Phase4Part1firstnamelastname.xls. For example:Phase4Part1EvelynMoney.xls.
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