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please help Spit Company produces three products - X Y and Z - from a joint process. Each product may be sold at the off
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Spit Company produces three products - X Y and Z - from a joint process. Each product may be sold at the off point or processed the Additional processing requires no special facilities, and production costs of further processing are entrely variable and traceable to the products Involved. Last year all three products were processed beyond spin-off Joint production costs for the year wore 500.000 Sales values and costs needed to evaluate Splity production policy follow Product Units Produced 14,000 7,500 3,500 Balus value at Split oft $ 42,500 22,500 26.000 It Processed Purther Sales Value Additional costa $ 92,500 $ 3,700 47,500 8,000 40,000 9.000 The amount of joint costs located to product Z using the physical measure method is calculate al ratios and percentages to 4 decimal places, for example 33.3333.pnd round all dollar amounts to the nearest whole dollar Step by Step Solution
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