. CONSO Inc. manufactures joint products ALT and TAB, and a by-product DEL. Costs are assigned to the joint products by the net realizable value or final market value method which considers further processing costs in subsequent operations. It is the policy of CONSO Inc. to account for its by-product by market value or reversal cost method or deduction of net realizable value of by-product from the joint manufacturing costs of main products. The total manufacturing costs for100,000 units were P1,520,000 during the year. Production and costs data follow:

ALTTABDEL

Units produced 60,00030,00010,000

Sales price per unit P70P25 P10

Further processing

cost per unit 2053

Selling and admin expense per unit 5

1.What is the value of DEL to be deducted from the joint manufacturing costs?

2.What is the gross profit of ALT for the year?

3.What is the gross profit of TAB for the year?