TIMED TASK

Previtz Company produces two products from a joint process: X and Z. Joint processing costs for this production cycle are P8,000. Disposal Sales price cost per per yard at yard at Further Final sale processing price per per yard yard Yards split-off split-off X 1,500 P6.00 P3.50 P1.00 P 7.50 Z 2,200 9.00 5.00 3.00 11.25 If X and Z are processed further, no disposal costs will be incurred or such costs will be borne by the buyer. Refer to Previtz Company. Using approximated net realizable value at split-off, what amount of joint processing cost is allocated to X (round to the nearest peso)? P4,000 OP5,204 P2,390 P3,090