Answered: E-1 E-2 Е-3 Quantity 3,000 4,000 3,000…

E-1 E-2 Е-3 Quantity 3,000 4,000 3,000 Sales Value at Split-Off 50,000 75,000 125,000 Net Realizable Value/Ultimate Market Value 150,000 275,000 225,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Eren Co. recovers three product from a joint process. in October 2020 the joint cost amounted to P250,000 other data will follow using the Physical Value how much Joint Cost will be allocated to E-1? This will pertain to #3 to #11

E-1
E-2
E-3
Quantity
Sales Value at Split-Off
3,000
4,000
3,000
50,000
75,000
125,000
Net Realizable Value/Ultimate Market Value
150,000
275,000
225,000

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