New York University ACCT-UB ACCT-UB 2137 Dole Company jointly processed three pineapple products: Premium,…

New York University ACCT-UB ACCT-UB 2137 Dole Company jointly processed three pineapple products: Premium,…

Dole Company jointly processed three pineapple products: Premium, Good and Fair, in the Cleaning and Sorting Department. Premium and Good are joint products, while Fair is considered as a by-product. Premium and Fair pineapples can be sold a s they are to customers at the end of the Cleaning and Sorting process, whereas Good pineapples are processed further in the Cutting Department before they are sold to customers.

Don't use plagiarized sources. Get Your Custom Essay on
New York University ACCT-UB ACCT-UB 2137 Dole Company jointly processed three pineapple products: Premium,…
Just from $5/Page
Order Essay

During the month, the company paid P 45,000 for one truckload of pineapples and P 2100 for labor to sort the pineapples into categories. Dole uses a predetermined overhead rate of 40% of direct labor cost. The following yield, costs, and final sales value resulted from the month’s truckload of pineapples.

Premium Good Fair

Yield in packs 1,500 2,000 500

Cutting and canning costs – 6,567 –

Total packaging and delivery costs 3,933 6,600 1,500

Total final sales value 90,000 45,000 11,500

A. Refer to Dole Company, allocate the joint cost to Premium using the approximated net realizable value after split-off method, assuming that the by-product is recorded when realized and us shown as Other Income on the income statement (round off answer to the nearest whole number)

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more