Allison, Inc., produces two products, X and Y, in a single joint process. Last month the joint
Fantastic news! We've Found the answer you've been seeking!
Question:
Allison, Inc., produces two products, X and Y, in a single joint process. Last month the joint costs were P75,000 when 10,000 units of Product X and 15,000 units of Product Y were produced. Addi-tional processing costs were P15,000 for Product X and P10,000 for Product Y. Product X sells for P10, and Product Y sells for P5. The joint cost allocations to Products X and Y respectively using the net realizable value method would be:
Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
Posted Date: