Q#01: Bravo Company manufactures Products A and B from a joint process that also yields a by-product. Bravo accounts for the revenues from its by-product sales as a deduction from the cost of goods sold of its main products. Additional information is as follows:

	A	B	C	D
Units Produced	15,000	9,000	6,000	30,000
Joint Costs	?	?	?	264,000
Sales Value at Split-off	290,000	150,000	10,000	450,000

Assuming that joint costs are allocated using the relative sales value at split-off approach method, what is the joint cost allocated to Product B?

Q#02: MATT Corporation, a manufacturing firm, has two joint products: Pure and Diluted. The corporation's records shows that the joint production costs for the month of May 2020 amounted to P45,000. During the month, the further processing costs beyond the split-off point needed to convert the products into sealable form amounted to P24,000 for 2,400 units of Pure and P36,000 for 1,200 units of Diluted. Pure sells for P25 per unit while Diluted sells for P50 per unit. Assuming that the company uses the net realizable value method for allocating joint product costs, the joint costs allocated to Pure for the month of mAy would be?

Q#03: Lesian Company manufactures a product that gives rise to a by-product called Robon. The only costs associated with Robon are additional processing costs of P1.00 for each unit. Lesian accounts for Robon sales first by deducting its separable costs from such sales and then by deducting this net amount from the cost of sales of the major product. For the past year, 2,000 units of Robon were produced which were sold for P3.00 each. Sales revenue and cost of goods sold from the main product were P500,000 and P400,000, respectively. The gross margin after considering the by-product sales and costs would be: