Buguias Company manufactures one main product and two by-products, A and B. Data for April follows: Main By- Product Product A B Total Sales P75,000 P6,000 P3,500 P84,500 13,500 7,300 37,500 Cost of further processing Marketing & Admin Expenses 11,500 1,100 900 6,000 750 550 Joint Cost Profit based on sales allowed for A and B is 15% and 12% respectively. Compute for the total production cost of the main product

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Buguias Company manufactures one main product and two by-products, A and B. Data for April follows:
Main
By- Product
Product
A
B
Total
P75,000 P6,000 P3,500 P84,500
11,500
Sales
Cost of further processing
Marketing & Admin Expenses
1,100
900
13,500
6,000
750
550
7,300
Joint Cost
37,500
Profit based on sales allowed for A and B is 15% and 12% respectively. Compute for the total
production cost of the main product
Transcribed Image Text:Buguias Company manufactures one main product and two by-products, A and B. Data for April follows: Main By- Product Product A B Total P75,000 P6,000 P3,500 P84,500 11,500 Sales Cost of further processing Marketing & Admin Expenses 1,100 900 13,500 6,000 750 550 7,300 Joint Cost 37,500 Profit based on sales allowed for A and B is 15% and 12% respectively. Compute for the total production cost of the main product
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