Shabbir Associates manufactures 3 joint products - Exe, Wye and Zee. A by-product Baye is also produced. During the month of November 2000 the joint cost for direct materials and direct labour were Rs 80,000 and 120,000 respectively. Shabbir Associates have an established practice of absorbing overhead at 50% of direct cost. Production and sales related data for the month of November 2000 is as follows: Products Production Sales Sales Value per unit Kgs Kgs Rupees per Unit Exe 7,800 7,000 10.00 Wye 11,700 11,000 10.00 Zee 10,000 9,000 6.50 Baye 10,000 10,000 2.60 The sales value of by-product is deducted from the process cost before apportioning cost to each joint product. Costs of common processing are apportioned between joint products on the basis of production cost. Assume that there is no opening inventory.

Required: Calculate profit for the month of November and analyze the profit product-wise.