problem solving:

The meadows Company produced three joint products at a joint cost of P132,000. Additional information for a recent period is as follows: Product Units produced Sales value Sales value and additional At split-off Processing if Processed Sales Value Add'l Costs 13.200 P88,000 P121,000 P19,800 B 8.800 77,000 99,000 15,400 4,400 55,000 66,000 11,000 Required: Allocate joint costs using: 1. Sales value at split-off 2. Physical units