The City Styles Company produces four joint products, which have a joint manufacturing cost of Rs....
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The City Styles Company produces four joint products, which have a joint manufacturing cost of Rs. 224,000 at the split-off point. Data pertaining to these products follow:- Product Sale value per unit Units produced Weight factors Rs. 12.00 20,000 32,000 36,000 24,000 A B C Rs. 3.50 Rs. 6.00 Rs. 5.50 Required: Allocate the joint cost, using: 1) Market or sales value method. 2) Average unit cost method. D 3.0 5.5 5.0 6.0 3) Weighted average method. Marks 08) The City Styles Company produces four joint products, which have a joint manufacturing cost of Rs. 224,000 at the split-off point. Data pertaining to these products follow:- Product Sale value per unit Units produced Weight factors Rs. 12.00 20,000 32,000 36,000 24,000 A B C Rs. 3.50 Rs. 6.00 Rs. 5.50 Required: Allocate the joint cost, using: 1) Market or sales value method. 2) Average unit cost method. D 3.0 5.5 5.0 6.0 3) Weighted average method. Marks 08)
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Answer 1 SAES VALUE METHOD PRODUCT SALES VALUE PER UNIT UNIT PRODUCED TOTAL SALES ... View the full answer
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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