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Q3. SFC Company is in the manufacturing process of wooden products and makes several wooden items. The following is the information related to three products

Q3. SFC Company is in the manufacturing process of wooden products and makes several wooden items. The following is the information related to three products manufactured by SFC company: Product X, Y, and Z. The joint costs of the three products in 2015 were SAR 110,000. The total number of units for each product and the selling price per unit is given below:

Products

Units

Selling Price per unit

X

5,000

SAR 150

Y

3,500

SAR 125

Z

2,200

SAR 100

Using the physical volume method and sales value at the split-off method, allocate the joint costs to each product. I want the solution clear and tidy, I do not want the handwriting because it is not clear.

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