Soy Products (Upper KSP) buys soybeans and processes them into other soy products. Each ton of soybeans that Upper KSP purchases for $ 380 can be converted for an additional $ 170 into 525 lbs of soy meal and 120 gallons of soy oil. A pound of soy meal can be sold at splitoff for $ 1.36 and soy oil can be sold in bulk for $ 4.25 per gallon. Upper KSP can process the 525 pounds of soy meal into 575 pounds of soy cookies at an additional cost of $ 380. Each pound of soy cookies can be sold for $ 2.36 per pound. The 120 gallons of soy oil can be packaged at a cost of $ 260 and made into 480 quarts of Soyola. Each quart of Soyola can be sold for $ 1.55. Read the requirementsAllocate the joint cost to the cookies and the Soyola using the following:a. Sales value at splitoff methodb. NRV methodc. Should ISP have processed each of the products further? What effect does the allocation method have on this decision?
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Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages. true or false?
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Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding
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Soy Products (Upper KSP) buys soybeans and processes them into other soy products. Each ton of soybe...
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