Question
Allocate the joint cost of P200,000 to product X, Y, and Z based on the following information using the four allocation method: PRODUCTS X Y
Allocate the joint cost of P200,000 to product X, Y, and Z based on the following information using the four allocation method:
PRODUCTS
X Y Z
Selling price per unit at split-offP22 P20 P8
Units of production25,000 15,000 10,000
Cost of processing further/un P5 P3 P1
Selling price per unit after processing further P30 P25 P11
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To allocate the joint cost of P200000 to products X Y and Z using the four allocation methods we wil...
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
