9. Vreeland, Inc., which manufactures products X, Y, and Z from a joint process. Joint Product...

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9. Vreeland, Inc., which manufactures products X, Y, and Z from a joint process. Joint Product costs were P60,000. Additional information. Is information is provided below. Product X Y Z Units Produced 6,000 4,000 Sales Value at Split-Off P 40,000 35,000 25,000 If Processed Further Sales Values P 55,000 45,000 30,000 Additional Costs P 9,000 7,000 5,000 2,000 Assuming that joint product costs are allocated using the physical measures (units produced) approach, what is the total costs of product X @ final sales value? 10. Using the same information in No. 9, and assuming that joint product costs are allocated using the relative sales value at split- off approach, what were the total costs allocated to product Y? 9. Vreeland, Inc., which manufactures products X, Y, and Z from a joint process. Joint Product costs were P60,000. Additional information. Is information is provided below. Product X Y Z Units Produced 6,000 4,000 Sales Value at Split-Off P 40,000 35,000 25,000 If Processed Further Sales Values P 55,000 45,000 30,000 Additional Costs P 9,000 7,000 5,000 2,000 Assuming that joint product costs are allocated using the physical measures (units produced) approach, what is the total costs of product X @ final sales value? 10. Using the same information in No. 9, and assuming that joint product costs are allocated using the relative sales value at split- off approach, what were the total costs allocated to product Y?

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9 Total Costs of Product X Final Sales Value using the physical measures approach To allocate joint product costs using the physical measures units pr... View the full answer