Question: 2,330,000 joint processing costs Sales % Litres further processing NSV joint cost St1 300000 1500000 250000 1250000 Bs2 275000 1787500 180000 1607500 Zy3 180000 630000
| 2,330,000 | joint processing costs | ||||
| Sales | % | ||||
| Litres | further processing | NSV | joint cost | ||
| St1 | 300000 | 1500000 | 250000 | 1250000 | |
| Bs2 | 275000 | 1787500 | 180000 | 1607500 | |
| Zy3 | 180000 | 630000 | 55000 | 575000 | |
| 755000 | 3917500 | 485000 | 3432500 | ||
what are the joint costs
The current policy is to apportion the joint processing costs incurred prior to the split-off point to the joint products on a net sales value basis.
The three products are all processed further before sale.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
