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please solve this ASAP M/s ABC and company produces 5 joint products together from a single raw material. During the current period 15000 units of

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please solve this ASAP

M/s ABC and company produces 5 joint products together from a single raw material. During the current period 15000 units of Product A were manufactured, 25000 units of B were manufactured, 10000 units of C were manufactured, 35000 units of product D were manufactured and 40000 units of E were manufactured. Joint cost was 250000. They can be sold @ 10, 12, 6, 8and 15 respectively Rs. Per unit at the time of split off. If market value method is applied what contribution each product will acquire from this joint cost? B) Lets assume that these products cannot be sold without incurring after split off cost. Following would be the after split off costs for each product. A = 2000, B = 5000, C = 9000, D = 6000 and E = 4000. After incurring after split off costs new market values would be A= 13, B = 25, C 30, D = 12 and E = 14. What contribution of joint cost would be shared by each joint product using hypothetical market value method. A) Products Units MP Joint cost Market value 150000 Ratios 0.107914 A 15000 10 26978.42 B 25000 12 0.215827 53956.83 10000 6 0.043165 10791.37 D 35000 8 300000 60000 280000 600000 1390000 0.201439 50359.71 E 40000 15 0.431655 107913.7 125000 250000 B) Produ Unit MP after Joint Cost Market value After split off cost Hypthetical market value cts S split off Ratio allocation 1500 0.093 A 0 13 195000 2000 193000 057 23264.22372 2500 0.298 B 0 25 625000 5000 620000 93974734.81196 0.140 1000 0 30 300000 9000 291000 309 35077.14561 3500 D 0 12 420000 6000 414000 49903.56798 4000 0.199 614 0.268 081 67020.25072 E 0 14 560000 4000 556000 1250 00 2100000 2074000 250000 Home Assignment M/S ABC and company produces 6 joint products together from a single raw material. During the current period 25000 units of Product A were manufactured, 35000 units of B were manufactured, 30000 units of C were manufactured, 40000 units of product D were manufactured and 55000 units of E and 60000 of F were manufactured. Joint cost was 400000. They can be sold @ 12, 20, 16, 18, 22and 15 respectively Rs. Per unit at the time of split off. If market value method is applied what contribution each product will acquire from this joint cost? B) Lets assume that these products cannot be sold without incurring after split off cost. Following would be the after split off costs for each product. A = 20000, B = 50000, C = 90000, D = 60000 E = 85000 and F = 40000. After incurring after split off costs new market values would be A= 13, B = 25, C30, D = 12 and E = 14 and F = 72. What contribution of joint cost would be shared by each joint product using hypothetical market value method

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