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49-54 An oil refining company produces 2 joint products (gasoline and diesel) and one by-product (ethylene). Complete the missing information in the table below for
49-54 An oil refining company produces 2 joint products (gasoline and diesel) and one by-product (ethylene). Complete the missing information in the table below for letters A-N. Apportion costs based on production units. (NRV = Net Realisable Value) (M = manufacturing costs) Product Litres M Produced Cost (5) Addition Costs (/litre) Total Addition Costs () Sales (/litre) Total Sales () NRV Total (/litre NRV (E) > 1.1 Gasoline Diesel Total 600.000 300.000 900.000 A B 300,000 0.10 0.15 60,000 660,000 360.000 D 1.05 E 315.000 1.2 Ethylene 100,000 o 0.01 1.000 0.02 2.000 0.01 F
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