Allison, Inc., produces two products, X and Y, in a single joint process. Last month the joint costs were P75,000 when 10,000 units of Product X and 15,000 units of Product Y were produced. Addi-tional processing costs were P15,000 for Product X and P10,000 for Product Y. Product X sells for P10, and Product Y sells for P5. The joint cost allocations to Products X and Y respectively using the net realizable value method would be?
Allison, Inc., produces two products, X and Y, in a single joint process. Last month the joint costs were P75,000 when 10,000 units of Product X and 15,000 units of Product Y were produced. Addi-tional processing costs were P15,000 for Product X and P10,000 for Product Y. Product X sells for P10, and Product Y sells for P5. The joint cost allocations to Products X and Y respectively using the net realizable value method would be?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 27E: Pacheco, Inc., produces two products, overs and unders, in a single process. The joint costs of this...
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Allison, Inc., produces two products, X and Y, in a single joint process. Last month the joint costs were P75,000 when 10,000 units of Product X and 15,000 units of Product Y were produced. Addi-tional
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