Basic. Two products (W and X) are created from a joint process. Both products can be sold

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Basic. Two products (W and X) are created from a joint process. Both products can be sold immediately after split-off.

There are no opening inventories or work in progress.

The following information is available for last period:
Total joint production costs $776 160

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sts, what was the value of the closing inventory of product X for last period?

(a) $68992

(b) $70560

(c) $76032

(d) £77616 ACCA F2 Management Accounting

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