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Bokya Company manufactures three different products from a single raw material. A summary of production costs shows: PRODUCTS TOTAL N3210 N3310 N7650 Output in
Bokya Company manufactures three different products from a single raw material. A summary of production costs shows: PRODUCTS TOTAL N3210 N3310 N7650 Output in kilos 80,000 200,000 160,000 440,000 Sales in kilos 70,000 180,000 150,000 400,000 Sales price per kilo 0.75 1.00 1.50 SEPARATE COSTS TOTAL N3210 N3310 N7650 COSTS Materials 0 0 0 90,000 Labor 3,000 20,000 30,000 80,000 Variable Overhead 2,000 10,000 16,000 45,000 Fixed Overhead 15,000 34,000 30,000 115,000 20,000 64,000 76,000 330,000 All separable costs have been assigned to products but the joint costs has not been allocated. REQUIRED: a. Unit cost assigned to N3210 b. Amount of sales of N3310 to be reported in the income statement c. Cost of goods sold of N7650?
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