Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following information relates to the cost and production for the First Department of the Swab Manufacturing Company for the month of August 2019: The
The following information relates to the cost and production for the First Department of the Swab Manufacturing Company for the month of August 2019:
The total manufacturing cost applicable to Blue Covy and Red Rapid in this department were P 21,000
What is the amount of joint costs to be allocated to each kilo of (Blue Covy) using the Relative Sales Value at Split Off Point Method?
Product Blue Covy Units Produced 10,000 kilos, sales price of P1.20 per kilo with no additional processing costs 10,000 kilos, sales price of P2.00 per kilo with additional processing cost of P.2 per kilo after separation Red RapidStep 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