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Karen Corp. manufactures products Y and Z from a joint process. The sales value at split-off was P50,000 for 6,000 units of Product Y and
Karen Corp. manufactures products Y and Z from a joint process. The sales value at split-off was P50,000 for 6,000 units of Product Y and P25,000 for 2,000 units of Product Z. |
Question: |
Assuming that the portion of the total joint costs properly allocated to Product Y using the relative sales value at split off approach was P30,000. What were the total joint costs? |
(Solutions must be in good accounting form. Excel form would be good! Account Titles on the left, Amounts on the right. Put tables if necessary. Avoid parenthetical solutions. Thanks a lot!)
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Heres the solution in good accounting form Joint Cost Allocation Schedule Account Title Amount Sales ...
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