Question: Please give the requirements, thank you so much! Problem 3. Nougat Bar Confectionaries, Inc. makes three special candy bars in a single process. At split

Please give the requirements, thank you so much! Problem 3. Nougat BarPlease give the requirements, thank you so much!

Problem 3. Nougat Bar Confectionaries, Inc. makes three special candy bars in a single process. At split off point, NB1 sells for P16.00 per piece; NB2 sells for P10.00 while NB 3 sells for P24.00. With further processing, NB2 sells for Pi5 per piece. Cost of marketing and administration is estimated at P2.50 per piece. During the 2nd quarter of 2016, total joint manufacturing costs up to split off point consisted of the following: Raw Materials P3,000,000 Direct labor 2,400,000 Manufacturing overhead 1,600,000 Production for the quarter was 416,000 pieces of NB1, 96,000 pieces of NB2 and 288,000 of NB3. The additional processing costs for NB2 to obtain a selling price per piece of P15.00 are as follows: Raw Materials P92,000 Direct labor 60,000 Manufacturing overhead 40,000 Total P192,000 Because of the variation in time spent in processing, the production managers assigned the following points: NB1 - 2 points; NB2 - 3 points; ND3 - 4 points Required: (1) Allocate the joint costs using the different methods and determine the total manufacturing costs per unit. a) Units of output b) Weighted method c) Relative sales value d) Net Realizable value e) Constant Margin approach

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