13. (Reverse Cost Method): The Progressive Manufacturing Company manufacture one Main Product and two by-products. Data for a month are shown below: Main product Ву-product Ву-product 2$ $ Sales A B 1,50,000 12,000 7,000 Manufacturing Cost : (i) before separation (ii) after separation Administration Cost 75,000 23,000 12,000 2,200 1,500 1,800 1,000 Ratio of Distribution of Selling Cost 85% 10% 5% Net Profit in Sales 20% 15% 10% Assuming no beginning or ending inventories, apportion the joint cost among Main Product the Bv-Product.

13. (Reverse Cost Method): The Progressive Manufacturing Company manufacture one Main Product and two by-products. Data for a month are shown below: Main product Ву-product Ву-product 2$ $ Sales A B 1,50,000 12,000 7,000 Manufacturing Cost : (i) before separation (ii) after separation Administration Cost 75,000 23,000 12,000 2,200 1,500 1,800 1,000 Ratio of Distribution of Selling Cost 85% 10% 5% Net Profit in Sales 20% 15% 10% Assuming no beginning or ending inventories, apportion the joint cost among Main Product the Bv-Product.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter5: Support Department And Joint Cost Allocation

Section: Chapter Questions

Problem 3CMA: Breegle Company produces three products (B-40, J-60, and H-102) from a single process. Breegle uses...

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