Allocation of Joint Costs Assignment

Allocation of Joint Costs Assignment

Question 8: Little Miss Muppet. is a company that makes products from milk. They first process milk into “curds” and “whey” and then turn the curds into cheese and the whey into protein powder. Managers have this information about the production of these products for the month of May: There is no beginning inventory for any of the products. During the month, they can turn 240,000 pounds of milk into 49,000 pounds of curds and 147,000 pounds of whey for a total cost of $245,000
• If they were to sell the curds as is, they would be able to sell 42,000 pounds for $252.000
• If they were to sell the whey as is, they would be able to sell 80,000 pounds for $3 a pound . If they make the cheese, they would be able to produce 20,000 pounds for $180,000 and would be able to sell 12,000 pounds for $18 each
• If they make the protein powder, they would be able to produce 50,000 pounds for $280,000 and would be able to sell 30,000 pounds for $360,000 With this information, please find the:
e. How much Joint Cost would be allocated to Cheese under the NRV method
1. How much Joint Cost would be allocated to Protein Powder under the NRV method
8. The Total Gross Profit from Cheese under the NRV method:
h. The Total Gross Profit from Protein Powder under the NRV method. Get Argumentative Essay Writing help now

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Homework Market


Quality Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Homework Market

Qualified Writers

We have hired a team of professional writers experienced in academic and business writing. Most of them are native speakers and PhD holders able to take care of any assignment you need help with.


Unlimited Revision

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account.


Timely Delivery

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. We will always strive to deliver on time.


Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text.


Customer Support 24/7

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Homework Market

Place your order

Fill in the order form and provide all details of your assignment.

Homework Market

Proceed with the payment

Choose the payment system that suits you most.

Homework Market

Receive the final file

Once your paper is ready, we will email it to you.

Homework Market Writing Services

No need to work on essay at night. Sleep tight, we will cover your back. We offer all kinds of essay writing services.

HomeworkMarket HomeworkMrket


Essay Writing Services

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

HomeworkMarket HomeworkMarket


Admission Essays

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

HomeworkMarket HomeworkMarket


Essay Editing

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

HomeworkMarket HomeworkMarket

Research Paper

Research Paper

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied.