Question
Oman Chromite Company, processing material X, produces four joint products A, B, C and D. Cost per ton of X process is as under: Particulars
Oman Chromite Company, processing material X, produces four joint products A, B, C and D. Cost per ton of X process is as under:
Particulars RO
Material Cost 13500
Labor and Overhead Cost 9000
Total Joint Cost 22500
The joint products yielded 540, 180, 118 and 62 kilograms respectively, the rest being normal wastage, apportion the total cost of X to each one of the joint products.
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Effective Writing A For Accountants
Authors: Claire B. May, Gordon S. May
9th Edition
0132567245, 9780132567244
