Question
Princess Mirah Company manufactures Product S and T from joint process. The sales value at split-off was P50,000 for 6,000 units of Product S and
Princess Mirah Company manufactures Product S and T from joint process. The sales value at split-off was P50,000 for 6,000 units of Product S and P50,000 for 2,000 units of Product T.
Assuming that the portion of the portion of the total joint cost properly allocated to Product S using sales value at split-off method was P30,000, what is the total joint cost?
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
