Previtz Company produces two products from a joint process: X and Z. Joint processing costs for...

 

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Previtz Company produces two products from a joint process: X and Z. Joint processing costs for this production cycle are P8,000. X Z Yards 1,500 2,200 P5,500 P4,757 Sales price per yard at split-off P3,243 P6.00 P4,000 9.00 Disposal cost per yard at split-off P3.50 5.00 Further processing per yard P1.00 3.00 If X and Z are processed further, no disposal costs will be incurred or such costs will be borne by the buyer. Final sale price per yard Refer to Previtz Company. Using a physical measure, what amount of joint processing cost is allocated to X (round to the nearest peso)? P 7.50 11.25 Previtz Company produces two products from a joint process: X and Z. Joint processing costs for this production cycle are P8,000. X Z Yards 1,500 2,200 P5,500 P4,757 Sales price per yard at split-off P3,243 P6.00 P4,000 9.00 Disposal cost per yard at split-off P3.50 5.00 Further processing per yard P1.00 3.00 If X and Z are processed further, no disposal costs will be incurred or such costs will be borne by the buyer. Final sale price per yard Refer to Previtz Company. Using a physical measure, what amount of joint processing cost is allocated to X (round to the nearest peso)? P 7.50 11.25

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