In what ways, joint product costs impact on cost control and decision making?

(5+5)

(b): Hamza corporation produces three products at a joint manufacturing cost of Rs.1500,000. Following information is given in this respect:

Product Volume Further processing cost Selling price per unit

A 25,000 Rs.800,000 Rs.50

B 35,000 600,000 Rs.35

C 45,000 200,000 Rs.20

Required:

Allocate the joint costs using the constant gross margin percentage method.

Q.No.3 (a): In what ways, joint product costs impact on cost control and decision making? (5+5) (b): Hamza corporation produces three products at a joint manufacturing cost of Rs.1500,000 Following information is given in this respect: Product Volume Further processing Selling price per cost unit Rs.800.000 Rs.50 25.000 B 35,000 600,000 Rs 35 45.000 200,000 Rs. 20 Required: Allocate the joint costs using the constant gross margin percentage method