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E 1. Allocate the joint cost of P 200,000 to product X, Y and Z based on the following information using the four different
E 1. Allocate the joint cost of P 200,000 to product X, Y and Z based on the following information using the four different method of allocation: Selling price per unit Units of production Weight per unit (in lbs.) No: of points per unit PRODUCTS Y Z P 22 25,000 P 20 P 8 15,000 10,000 8 10 7 9 6 S Required: Allocate the joint cost based in the following method. 1. Market (relative sales) value method 2. Quantitative or physical unit method 3. Average unit cost 4. Predetermined standard or index of production
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