In a process line of XY company, three joint products are produced. For the month of March
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In a process line of XY company, three joint products are produced. For the month of March 2010, the following data are available.
Pre-separation point costs amounted to Rs. 20,000.
The joint products are manufactured in one common process, after which they are separated and may undergo further individual processing. The pre-separation costs are apportioned to joint products accordingly to weight.
You are required to prepare a statement showing the estimated profi t or loss for each product and in total.
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