Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1.) what is the value given to product del 2.) what is the joint allocated to product Alt in Physical Method 3.) what is the
1.) what is the value given to product del
2.) what is the joint allocated to product Alt in Physical Method
3.) what is the joint allocated yo product Tab in relative slaes value method
4.) What us the cost per unit in average process costing
5.) what is the cost per unit of conversion cost ubder avergae process costing
6 what is cost per unit of direct material under Fifo process costing
7. what is the conversion cost per unit in fifo process costing
8. what is the normal spoilage in units in the year?
?An entity is conducting a joint production at a total costs of P500,000. The joint production results to the following inventories: Alt 20,000 units Units produced Selling price at split P150 off Tab 10,000 units P200 Del 5,000 units P5 Alt and Tab are considered main products while Del is considered by-product. The entity considers its by-product as material. The by-product requires additional processing cost per unit of P0.80 and its cost to sell is P0.20 per unit.
Step by Step Solution
★★★★★
3.57 Rating (168 Votes )
There are 3 Steps involved in it
Step: 1
1 The value given to product del is P5 2 The joint allocated to product Alt in Physical Method is P...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started