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PROBLEM 2 Given: Using joint production methods, which costs them 300KTLpa., a company produces three products A, B, and C. The annual output of each
PROBLEM 2 Given: Using joint production methods, which costs them 300KTLpa., a company produces three products A, B, and C. The annual output of each product, together with the unit sale price at SOP, the annual additional processing costs, and the total sales revenue at POS are presented in the table below. Product Output USP at SOP (tons pa)| (TL/Kg) L 200 1.50 B 200 1.00 | 250 2.00 APC (KTL pa) 100 50 150 TSR at POS (KTL pa) 500 250 750 Required: Write the appropriate income statements; a) If all products are sold at POS, b) If all products are sold at SOP. c) What would your sales policy be, to maximize your sales? PROBLEM 2 Given: Using joint production methods, which costs them 300KTLpa., a company produces three products A, B, and C. The annual output of each product, together with the unit sale price at SOP, the annual additional processing costs, and the total sales revenue at POS are presented in the table below. Product Output USP at SOP (tons pa)| (TL/Kg) L 200 1.50 B 200 1.00 | 250 2.00 APC (KTL pa) 100 50 150 TSR at POS (KTL pa) 500 250 750 Required: Write the appropriate income statements; a) If all products are sold at POS, b) If all products are sold at SOP. c) What would your sales policy be, to maximize your sales
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