Q. No. 5: The Ashar Company manufactures joint products C,B and A. During recorded: February, the...

 

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Q. No. 5: The Ashar Company manufactures joint products C,B and A. During recorded: February, the following information was (6Marks) C B А Total Joint materials Rs.5,000 Joint processing Rs.23,000 Separable processing Output Kg Sales Rs.15,000 3,000 Rs.8,000 Rs.5,000 2,000 Rs.2,000 5,000 in kilograms Kg Kg 10,000 Kg in kilograms 1,500 kg 4,200 Kg 2,400 8,100 Kg Kg Sales price per kilogram Rs.10 Rs.6 Rs.7 Required: (а) Total cost for each product, using market value method. (b) Total cost for each product, using average unit cost method. Q. No. 5: The Ashar Company manufactures joint products C,B and A. During recorded: February, the following information was (6Marks) C B А Total Joint materials Rs.5,000 Joint processing Rs.23,000 Separable processing Output Kg Sales Rs.15,000 3,000 Rs.8,000 Rs.5,000 2,000 Rs.2,000 5,000 in kilograms Kg Kg 10,000 Kg in kilograms 1,500 kg 4,200 Kg 2,400 8,100 Kg Kg Sales price per kilogram Rs.10 Rs.6 Rs.7 Required: (а) Total cost for each product, using market value method. (b) Total cost for each product, using average unit cost method.