A company producing product X yields two by-products Y and Z. The following particulars relate to a

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A company producing product X yields two by-products Y and Z. The following particulars relate to a particular period of operation in which the joint cost amounted to Rs 1,40,000:

Product Sales (Rs) Profit % on sales Cost of further processing (Rs)

X 1,45,920 20% 36,016 Y 72,960 30% 11,000 Z 48,640 25% 6,292 The company apportions selling expenses to X, Y and Z in the ratio 10:1:7. Calculate the profit from the sales of each product and the joint cost applied to each product.

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