Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Q. No. 5: The Ashar Company manufactures joint products C,B and A. During February, the following information was recorded: (6Marks) B A Total Joint materials
Q. No. 5: The Ashar Company manufactures joint products C,B and A. During February, the following information was recorded: (6Marks) B A Total Joint materials Rs.5,000 Joint processing Rs.23,000 Separable processing Rs.8,000 Rs.5,000 Rs.2,000 Rs. 15,000 Output in kilograms 2,000 Kg 5,000 Kg 3,000 Kg 10,000 Kg Sales kilograms 1,500 kg 4,200 Kg 2,400 Kg 8,100 Kg Sales price per kilogram Rs.10 Rs.6 Rs.7 in Required: (a) a Total cost for each product, using market value method. (b) Total cost for each product, using average unit cost method
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started