Calculate the estimated cost of production of by-products X and Y at the point of separation from

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Calculate the estimated cost of production of by-products X and Y at the point of separation from the main product.

Selling expenses amount to 25% of total works cost, that is, including both pre-separation and post-separation work cost.

Selling prices are arrived at by adding 20% of total cost, that is, the sum of works cost and selling expenses.

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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Question Posted: Sep 05, 2023 01:15 PM

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Calculate the estimated cost of production of by-products X and Y at the point of separation from

Question:

Selling price per unit Cost per unit after separation from the main product Units produced By-product X Rs. 12 Rs. 3 500 By-product Y Rs. 24 Rs. 5 200

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Cost Accounting

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