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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:
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What is the total cost per unit for product B, O and E.
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What is the gross margin percentage for product B, O and E.
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