TVA Company produces three products from the same process and incurs joint processing costs of P150,000. Final sales price per gallon Sales price per gallon at split-off P225.50 300 500 Disposal cost per gallon at split-offr P 62.50 Gallons Further 2,400 1,100 processing costs P 50.00 100.00 M P350.00 N 150.00 500.00 500 400.00 100.00 750.00 Disposal costs for the products if they are processed further are: М, Р 150.00; N, Р 275.00; Q, P 50.00.
TVA Company produces three products from the same process and incurs joint processing costs of P150,000. Final sales price per gallon Sales price per gallon at split-off P225.50 300 500 Disposal cost per gallon at split-offr P 62.50 Gallons Further 2,400 1,100 processing costs P 50.00 100.00 M P350.00 N 150.00 500.00 500 400.00 100.00 750.00 Disposal costs for the products if they are processed further are: М, Р 150.00; N, Р 275.00; Q, P 50.00.
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter19: Support Department And Joint Cost Allocation
Section: Chapter Questions
Problem 4CMA: Tucariz Company processes Duo into two joint products, Big and Mini. Duo is purchased in...
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