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

Question:

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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Related Book For  answer-question

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

Question Details
Chapter # 11- PROCESS COSTING,,
Section: Problem
Problem: 33
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Question Posted: September 05, 2023 13:15:15