Brand well Limited makes three products from a single process. During September 2001, the inputs into the process were:

There is a normal loss in process of 10%. The 900 kilograms output from the process in September 2001 was as follows:

Selling prices for the products are:

Required:
Calculate separately, for September 2001, the joint costs to be apportioned to each of Products X, Y and Z based on:

(a) the relative or proportional weight of output, and (6 marks)

(b) the relative revenue arising from the sale of each product.

Transcribed Image Text:

direct materials -1,000 kilograms at a total cost of 5,500 direct labour 6,500 - factory overheads - 7,000