Karen Corp. manufactures products Y and Z from a joint process. The sales value at split-off was P50,000 for 6,000 units of Product Y and P25,000 for 2,000 units of Product Z. Assuming that the portion of the total joint costs properly allocated to Product Y using the relative sales value at split off approach was P30,000. What were the total joint costs?
Karen Corp. manufactures products Y and Z from a joint process. The sales value at split-off was P50,000 for 6,000 units of Product Y and P25,000 for 2,000 units of Product Z. Assuming that the portion of the total joint costs properly allocated to Product Y using the relative sales value at split off approach was P30,000. What were the total joint costs?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 27E: Pacheco, Inc., produces two products, overs and unders, in a single process. The joint costs of this...
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![Karen Corp. manufactures products Y and Z from a joint process. The sales value at split-off was P50,000 for 6,000 units of
Product Y and P25,000 for 2,000 units of Product Z. Assuming that the portion of the total joint costs properly allocated to
Product Y using the relative sales value at split off approach was P30,000. What were the total joint costs?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd397c201-64c3-4cbc-9257-c48eb726ccdf%2F99b5e3e1-6f6b-4158-b09b-f0fce1b0e3ba%2Fy7dbiz8_processed.png&w=3840&q=75)
Transcribed Image Text:Karen Corp. manufactures products Y and Z from a joint process. The sales value at split-off was P50,000 for 6,000 units of
Product Y and P25,000 for 2,000 units of Product Z. Assuming that the portion of the total joint costs properly allocated to
Product Y using the relative sales value at split off approach was P30,000. What were the total joint costs?
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