Question: If Shine Marie allocated joint costs using relative Net Realizable Value at split off point, how much from the joint cost will be allocated

If Shine Marie allocated joint costs using relative Net Realizable Value at split off point, how much from the joint cost will be allocated to Loli? * (2 Points) The following products are being produced in a single process. Shine Marie Company incurred a total cost of P360,000 up to split off point. Products Units Loli 1,000 Lola 2,000 Lala 3,000 Final Sales Value P70,000 Additional Processing Costs P25,000 Disposal Cost P12,400 200,000 80,000 10,000 450,000 75,000 17,600
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Answer To allocate joint costs using the relative net realizable value at the splitoff point we can ... View full answer
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