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Denver Corporation produces joint products B, O and E from a joint process. The joint cost for the month of July is RM120,000. There was

Denver Corporation produces joint products B, O and E from a joint process. The joint cost for the month of July is RM120,000. There was no beginning inventory for all products.

Product

Units produced

Units Sold

Total separable costs

Selling price

B

10,000

8,000

RM10,000

RM16

O

4,000

2,500

RM10,000

RM

E

5,000

4,000

RM 5,000

RM 5

Required:

  1. What is the total cost per unit for product B, O and E.

  2. What is the gross margin percentage for product B, O and E.

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