Problem No. 2 Joint and By-Products CBA Company produced two joint products A and B and two by-products Y and Z from the same raw materials with joint costs P250,000. The entity uses the physical unit costs method in allocating joint costs to main products and reversal cost method to by-products. Additional information is given below: Products Units Produced A B Y 2/4 20,000 30,000 5,000 5,000 Units Sold 19,000 28,000 5,000 5,000 Final unit selling price P25 P20 P2 P1.50 Additional processing costs P150,000 P210,000 P5,000 P4,000 Operating Expenses P25,000 P30,000 P500 P400 Desired Profit P2,000 P1,500 Requirement: (1) Prepare a schedule showing the distribution of joint costs, and (2) prepare a statement of comprehensive income showing the sales, cost of goods sold, gross profit, operating expenses and net profit by product..