Question: Basic. In a process in which there are no work in progress stocks, two joint products (J and K) are created. Information (in units) relating

Basic. In a process in which there are no work in progress stocks, two joint products (J and K) are created. Information (in units) relating to last month is as follows:

Product Sales Opening stock of finished goods Closing stock of finished goods

Joint production costs last month were £110000 and these were apportioned to the joint products based on the number of units produced.
What were the joint production costs apportioned to product J for last month?

(a) £63800

(b) £64000

(c) £66000

(d) £68200 ACCA Financial Information for Management

Product Sales Opening stock of finished goods Closing stock of finished goods J 6000 100 K 4000 400 300 200

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