Question
Q4: The following information relates to a joint production process for three products, with a total joint production cost of $190,000. There are no separable
Q4:
"The following information relates to a joint production process for three products, with a total joint production cost of $190,000. There are no separable processing costs for any of the three products.
| Product | Sales Value at Split-Off | Units at Split-Off |
|---|---|---|
| 1 | $ 228,000 | 740 |
| 2 | 95,000 | 1,295 |
| 3 | 57,000 | 1,665 |
| $ 380,000 | 3,700 |
What percentage of joint cost is allocated to each of the three products using the physical units method?
| Percentage of Sales Value (%) |
| P1. |
| P2. |
| P3. |
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
