Question 5 Not yet answered Marked out of 17.00 Flag question ABC manufactures various products in a joint process. ABC processes the raw materials into products A & B. From the joint process a by-product, product C will also be produced. The joint production costs consist of R16 000 for materials, R18 000 for labour and overheads will be applied at 50% of labour cost. ABC uses the approach of deducting the net market value of the by- products manufactured from production costs. The following information is applicable to production of a normal batch for the month of May: