Justine Michelle Company makes two products, A and B. They are initially processed from the same materials and then, after split-off, further processed separately. Additional information is as follows: A B Total Final sales value P9,000 ? Р6,000 P15,000 6,600 6,000 15. Using the net realizable value approach, compute the assigned joint cost of A and Joint cost prior to split-off Cost beyond split-off ? 3,000 3,000 B respectively a. P3,300 and P3,300 b. P3,960 and P2,640 c. P4,400 and P2,200 d. P4,560 and P2,040
Justine Michelle Company makes two products, A and B. They are initially processed from the same materials and then, after split-off, further processed separately. Additional information is as follows: A B Total Final sales value P9,000 ? Р6,000 P15,000 6,600 6,000 15. Using the net realizable value approach, compute the assigned joint cost of A and Joint cost prior to split-off Cost beyond split-off ? 3,000 3,000 B respectively a. P3,300 and P3,300 b. P3,960 and P2,640 c. P4,400 and P2,200 d. P4,560 and P2,040
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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Transcribed Image Text:Justine Michelle Company makes two products, A and B. They are initially processed
from the same materials and then, after split-off, further processed separately.
Additional information is as follows:
А
Total
Final sales value
Joint cost prior to split-off
Cost beyond split-off
P9,000
?
P6,000
P15,000
6,600
6,000
15. Using the net realizable value approach, compute the assigned joint cost of A and
3,000
3,000
B respectively
а. Р3,300 and P3,300
b. P3,960 and P2,640
c. P4,400 and P2,200
d. P4,560 and P2,040
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