Kapangan Inc. manufactures products R, S and T from a joint process. Additional information follows:wwwwww u wwwRТОTALUnits8,0004,00014,000P18,000 P120,000? P200,0002,000Joint Costs??Sales value @ split-offP120,000?Further Processing costsP14,000P10,000P6,000P30,000Sales value of FGP140,000Р60,000P50,000 P250,000Using the sale value at split-off, how much is the: joint cost allocated to S?

Name: Kapangan Inc. manufactures products R, S and T from a joint process.
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Description: Kapangan Inc. manufactures products R, S and T from a joint process. Additional information follows:wwwwww u wwwRТОTALUnits8,0004,00014,000P18,000 P120,000? P200,0002,000Joint Costs??Sales value @ split-offP120,000?Further Processing costsP14,000P10

Joint cost refers to the cost occurred during the production which is attributable to more than one…

Business

Accounting

Kapangan Inc. manufactures products R, S and T from a joint process. Additional information follows: S T ТОТAL 2,000 P18,000 P120,000 ? P200,000 Units 8,000 4,000 14,000 Joint Costs ? ? Sales value @ split-off Further Processing costs P120,000 ? P14,000 P10,000 P140,000 P60,000 P50,000 P250,000 P6,000 P30,000 Sales value of FG Using the sale value at split-off, how much is the: joint cost allocated to S?

Kapangan Inc. manufactures products R, S and T from a joint process. Additional information follows: S T ТОТAL 2,000 P18,000 P120,000 ? P200,000 Units 8,000 4,000 14,000 Joint Costs ? ? Sales value @ split-off Further Processing costs P120,000 ? P14,000 P10,000 P140,000 P60,000 P50,000 P250,000 P6,000 P30,000 Sales value of FG Using the sale value at split-off, how much is the: joint cost allocated to S?

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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