If physical output method is used in allocating joint cost, how much is Product X's share of the joint cost?a. 50,400b. 36,000c. 33,600 The Successful Company produced three joint products at a joint cost of P120,000.Additional information for a recent period is as follows:Sales ValueAdditional ProcessingUnitsProduct Prouduce at split-offSales Value Additional CostX42,00050,000.00121,000.0027,000.00Y28,00050,000.0099,000.0032,000.0030,00025,000.0066,000.0015,000.00

Answered: If physical output method is used in…

If physical output method is used in allocating joint cost, how much is Product X's share of the joint cost? a. 50,400 b. 36,000 c. 33,600

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 10PA: Clarion Industries produces two joint products, Y and Z. Prior to the split-off point, the company...

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