Problem no. 6 Bravo Company manufactures Products A and B from a joint process that also yields a by- product, X. Bravo accounts for the revenues from its by-product sales as a deduction from the cost of goods sold of its main products. Additional information is as follows: A B Total Units produced 15.000 9.000 X 6
Problem no. 6 Bravo Company manufactures Products A and B from a joint process that also yields a by- product, X. Bravo accounts for the revenues from its by-product sales as a deduction from the cost of goods sold of its main products. Additional information is as follows: A B Total Units produced 15.000 9.000 X 6
Chapter1: Financial Statements And Business Decisions
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![Problem no. 6
Bravo Company manufactures Products A and
B from a joint process that also yields a by-
product, X. Bravo accounts for the revenues
from its by-product sales as a deduction from
the cost of goods sold of its main products.
Additional information is as follows:
B
Total
Units
produced
000
Joint
costs
A
15,000
30,000
Sales value at split
off P290,000 P150,000
P540,000
9,000
X
P264,000
P100,000
6,
Assuming that joint costs are allocated using
the sales value at split off point method, what
is the joint cost allocated to Product B?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8dbb316e-196a-4839-b23e-9d78ff88db51%2F1eeab375-b920-430c-8e86-12c4a24b46d5%2F4du1n5_processed.png&w=3840&q=75)
Transcribed Image Text:Problem no. 6
Bravo Company manufactures Products A and
B from a joint process that also yields a by-
product, X. Bravo accounts for the revenues
from its by-product sales as a deduction from
the cost of goods sold of its main products.
Additional information is as follows:
B
Total
Units
produced
000
Joint
costs
A
15,000
30,000
Sales value at split
off P290,000 P150,000
P540,000
9,000
X
P264,000
P100,000
6,
Assuming that joint costs are allocated using
the sales value at split off point method, what
is the joint cost allocated to Product B?
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