Question: There are three products in a process, X, Y and Z. Joint cost incurred is OMR 35,000. Of the joint cost, Y and Z are
There are three products in a process, X, Y and Z. Joint cost incurred is OMR 35,000. Of the joint cost, Y and Z are accountable for OMR 25,000. Subsequent costs incurred are OMR 1,000, OMR 2,000 and OMR 3,000 respectively for X, Y and Z. Find out the profit earned on X, if its sales value is OMR 15,000. A. OMR 5,000 B. OMR 1,000 C. OMR 6,000 D. OMR 4,000
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