Question
A production process results into two joint products. The details are given below: Particulars Product A Product B Quantity 1500 Kg 1000 kg Sales value
A production process results into two joint products. The details are given below:
| Particulars | Product A | Product B |
| Quantity | 1500 Kg | 1000 kg |
| Sales value | 450,000 | 380,000 |
| Selling expenses | 50,000 | 30,000 |
Joint Costs:
Material -OMR 180000
Process costs -OMR 120000
Identify the profit earned by product A if joint costs are allocated by physical units method.
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Principles Of Accounting 2
Authors: OpenStax
1st Edition
0357366808, 9780357366806
