Two joint products A and B are produced in a process. Data for the process for the last period are as follows:

Common production costs in the period were $12 000. There was no opening inventory. Both products had a gross profit margin of 40 per cent. Common production costs were apportioned on a physical basis.
What was the gross profit for product A in the period?

(a) $2304

(b) $2880

(c) $3840

(d) $4800 (2 marks)
ACCA F2 Management Accounting

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B Product Tonnes Tonnes Sales 480 320 Production 600 400