OFL Ltd. manufactures plastic products and makes three products, P1, P2 and P3. In 2016, the...

 

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OFL Ltd. manufactures plastic products and makes three products, P1, P2 and P3. In 2016, the joint costs of three products were SAR 135,000. Following are the details related to the number of units and selling price per unit: Product P1 P2 P3 Units 6,000 3,000 1,000 Allocate the joint costs to each product using: i. Physical volume method ii. Sales value at the split-off method Selling Price per unit SAR 30 SAR 20 SAR 15 Q4. The following data are related to FDL Company for the year 2017: Budgeted selling price per unit SAR 425 per unit Total fixed costs SAR 84,000 Variable costs SAR 110 per unit You are required to prepare a flexible budget for 400, 500, 600 and 700 units. OFL Ltd. manufactures plastic products and makes three products, P1, P2 and P3. In 2016, the joint costs of three products were SAR 135,000. Following are the details related to the number of units and selling price per unit: Product P1 P2 P3 Units 6,000 3,000 1,000 Allocate the joint costs to each product using: i. Physical volume method ii. Sales value at the split-off method Selling Price per unit SAR 30 SAR 20 SAR 15 Q4. The following data are related to FDL Company for the year 2017: Budgeted selling price per unit SAR 425 per unit Total fixed costs SAR 84,000 Variable costs SAR 110 per unit You are required to prepare a flexible budget for 400, 500, 600 and 700 units. OFL Ltd. manufactures plastic products and makes three products, P1, P2 and P3. In 2016, the joint costs of three products were SAR 135,000. Following are the details related to the number of units and selling price per unit: Product P1 P2 P3 Units 6,000 3,000 1,000 Allocate the joint costs to each product using: i. Physical volume method ii. Sales value at the split-off method Selling Price per unit SAR 30 SAR 20 SAR 15 Q4. The following data are related to FDL Company for the year 2017: Budgeted selling price per unit SAR 425 per unit Total fixed costs SAR 84,000 Variable costs SAR 110 per unit You are required to prepare a flexible budget for 400, 500, 600 and 700 units. OFL Ltd. manufactures plastic products and makes three products, P1, P2 and P3. In 2016, the joint costs of three products were SAR 135,000. Following are the details related to the number of units and selling price per unit: Product P1 P2 P3 Units 6,000 3,000 1,000 Allocate the joint costs to each product using: i. Physical volume method ii. Sales value at the split-off method Selling Price per unit SAR 30 SAR 20 SAR 15 Q4. The following data are related to FDL Company for the year 2017: Budgeted selling price per unit SAR 425 per unit Total fixed costs SAR 84,000 Variable costs SAR 110 per unit You are required to prepare a flexible budget for 400, 500, 600 and 700 units.