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Products Sales (units) Further processing cost Rs. Sales price per unit Rs. Marketing and Administration cost Rs. X 6,000 8,000 5 - Y 12,000 10,000
Products | Sales (units) | Further processing cost Rs. | Sales price per unit Rs. | Marketing and Administration cost Rs. |
X | 6,000 | 8,000 | 5 | - |
Y | 12,000 | 10,000 | 15 | - |
Z | 2,000 | 2,000 | 22 | 1.5 per unit |
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Required: Calculate the Joint cost allocated to X, Y and Z. (8)
When a by-product does not have any realizable value, then how can cost of by-product should be treated?
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