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BUCKS Company produces four solvents from the same process: GIANNIS, KHRIS. BROOK and ERIC. Joint product cost are P 9,000 Barrels Sales price per barrel

BUCKS Company produces four solvents from the same process: GIANNIS, KHRIS. BROOK and ERIC. Joint product cost are P 9,000

Barrels

Sales price per barrel at split-off

Disposal cost per barrel at split-off

Further processing costs

Final sales price per barrel

GIANNIS

750

P 10.00

P 6.50

P 2.00

P 13.50

KHRIS

1,000

8.00

4.00

2.50

10.00

BROOK

1,400

11.00

7.00

4.00

15.50

ERIC

2,000

15.00

9.50

4.50

19.50

If BUCKS sells the production after further processing, the following disposal cost will be incurred: GIANNIS. P 2.50; KHRIS, P100; BROOK, P3.50; ERIC, P 6.00

Using net realizable value at split-off

What amount of joint processing cost is allocated to product GIANNIS?

What amount of joint processing cost is allocated to product KHRIS?

What amount of joint processing cost is allocated to product BROOK?

What amount of joint processing cost is allocated to product ERIC?

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