products and liquid soaps as a by product The bottled liquid soaps can be sold for P2 per liter Liquid soaps require packaging costs of P0 10 per liter and sales commissions at 10 of sales price The net revenue of the by product is treated as a reduction from the joint costs Joint products are assi...

To determine the cost assigned to transparent soaps we need to allocate the joint co ...

products and liquid soaps as a by-product. The bottled liquid soaps can be sold for P2 per

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products and liquid soaps as a by-product. The bottled liquid soaps can be sold for P2 per liter. Liquid soaps require packaging costs of P0.10 per liter and sales commissions at 10% of sales price. The net revenue of the by-product is treated as a reduction from the joint costs. Joint products are assigned joint costs based on the amount liters produced.

Transparent soaps

320,000 liters

Glycering soaps

160,000 liters

Liquid soaps

1,600 liters

Joint costs

P80,000

What is the cost assigned to transparent soaps?

Posted Date: May 13, 2024 01:09 AM

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products and liquid soaps as a by-product. The bottled liquid soaps can be sold for P2 per

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