The joint cost of making 50 units of Product A, 100 units of Product B and 150
Question:
The joint cost of making 50 units of Product A, 100 units of Product B and 150 units of Product C is Rs. 900. The selling prices of products A, B and C are Rs. 2, Rs. 3 and Rs. 4, respectively. The products did not require any further processing costs after the split-off point. You are required to apportion the joint cost
(a) On selling-price basis and
(b) On sales-value basis
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: