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Question uestion 4 points SAVA Al Khaleed Co. manufactures three products using the same production process. The costs incurred up to the split off point
Question uestion 4 points SAVA Al Khaleed Co. manufactures three products using the same production process. The costs incurred up to the split off point are $200,000. You are provided with the following data for the three products: Selling price Selling prices after The number of per unit at further Separable Product units produced split-off pointprocessing costs Dama 4,000 $10 515 $14,000 Ema 6,000 11.6 16.2 20,000 Fama 2,000 19.4 22.6 9,000 Requirect a. Compute the joint costs allocated to each of the three products using Net Realizable Value method b. Prepare an income statement for Dama using Net Realizable Value method c. Explain to advantages of using the sales value at split-off point method in joint cost allocation insert answers to the Questions here) 13 Marks) 13 Mars] 12 Marks]
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