Sun LTD produces and sells the following products: Products A B C D E Units 200,000...
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Sun LTD produces and sells the following products: Products A B C D E Units 200,000 30,000 25,000 20,000 75,000 SP at SOP P17 13 8 10 14 SP after further processing P25 17 12 20 Materials and other manufacturing costs incurred are P3,590,000 and 547,000 respectively. These costs were absorbed b all products on the basis of their NRV. The further processing costs of A, B, C and E are P1,250,000; 150,000, 50,000; and 150,000. Meanwhile, the fixed cost is P473,000. Questions Determine the joint costs allocated to Product B Determine the joint costs allocated to Product E What is the excess in sales of Product D after joint costs and further processing costs? What is the total profit of the company? Possible Scores 2.5 points 2.5 points 2.5 points 2.5 points Sun LTD produces and sells the following products: Products A B C D E Units 200,000 30,000 25,000 20,000 75,000 SP at SOP P17 13 8 10 14 SP after further processing P25 17 12 20 Materials and other manufacturing costs incurred are P3,590,000 and 547,000 respectively. These costs were absorbed b all products on the basis of their NRV. The further processing costs of A, B, C and E are P1,250,000; 150,000, 50,000; and 150,000. Meanwhile, the fixed cost is P473,000. Questions Determine the joint costs allocated to Product B Determine the joint costs allocated to Product E What is the excess in sales of Product D after joint costs and further processing costs? What is the total profit of the company? Possible Scores 2.5 points 2.5 points 2.5 points 2.5 points
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Answer rating: 100% (QA)
1 Joint Costs Allocation to Product B NRV of Product B SP at SOP Further Processing Costs NRV of B 1... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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