ABC Company, which produces joint products X and Y in Department One from a process which also yields by-product A for a total production cost of P180,000. Product X and by- product A are sold after separation, but product Y must be further processed in Department Two for a total production cost of P117,500 before it can be sold. Information relating to a batch produced in July is presented. Product Production in Sales price per pounds pound 2,000 P43.75 4,000 95.00 500 10.50 Required: (use fraction in allocating cost; round off allocated costs to the nearest whole number) 1. If by-product A is recognized upon sale, determine the joint cost allocated to each product using the physical measure approach. X A 2. In relation to your answer in no. 1, determine the unit cost of Product Y. 3. If by-product A is recognized upon sale, determine the joint cost allocated to each product using the relative sales value method. Previous page Next page PAA 2: PROCESS COSTING Jump to. notes: Intro to Co 88-F Mostly sunny O