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Question 2 Not yet answered Marked out of 5.50 Flag question A company produces 2 products. The joint production cost is R98 999 and
Question 2 Not yet answered Marked out of 5.50 Flag question A company produces 2 products. The joint production cost is R98 999 and was allocated to product A. R59 000 and Product B R39 999 Other Data supplied: Product Product A B Units produced 400 200 Weight per unit in 2.5 1.5 Kg Separable costs R2.80 (Per kg) R1.45 Market value per kg|R19.50 R19.60 after further processing Market value per kg R12.80 R9.36 at split off Ending inventory in 120 95 kg (Rounding to nearest 2 decimals) Required: Please show all calculations Calculate the total ending inventory value. Assume that all the products are processed further.
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