Question
Question 3 Dudal Livestock Ranch keeps variety of livestock that produces a variety of products it sells to its customers. Some of the Dudal products
Question 3 Dudal Livestock Ranch keeps variety of livestock that produces a variety of products it sells to its customers. Some of the Dudal products from the livestock include, meat, wool, sheepskin. The accountant gathered the following information relating to the three products: Products Production Units (kg) Sales units (kg) Selling Prices per unit ($) Further Processing cost ($) Selling costs ($) Meat 14,500 14,250 5.20 1.20 0.45 Wool 6,770 6,750 4.70 1.50 1.10 Sheepskin 8,333 8,111 3.50 0.50 0.35 The total joint costs to for the period for Dudal Ranch was $1,480,200. Required Using the Net Realisable method, apportion the joint costs among the three products. [9 marks]
Cuksten 1 The trotal jaint cants to for the period far Dudul Aanch was $1,410,200. Anquired Uuine the Nint Realhable method, apportion the joint coubs anone the three products. [S marki]Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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