Question
Yakeen Company is producing three types of Joint Products A, B and C. The joint cost incurred was SAR80,000. Using the Physical Output method, allocate
Yakeen Company is producing three types of Joint Products A, B and C. The joint cost incurred was SAR80,000. Using the Physical Output method, allocate this joint cost based upon the following details (5 marks)
| Products | Units | Selling Price per Unit (in SAR) |
| A | 50,000 | 0.60 |
| B | 30,000 | 0.50 |
| C | 20,000 | 040 |
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
IFRS 3rd edition
1118978080, 978-1119153726, 1119153727, 978-1119153702, 978-1118978085
