The joint costs allocated to product Y were
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The joint costs allocated to product Y were
Transcribed Image Text:NUBD Company manufactures products X and Y from a joint process that also yields a by-produd,
Z. Revenue from sales of Z is treated as a reduction ofjo int costs. Addition al information is as
follows:
X
20,000
?
Products
Y
20,000
Total
50,000
P 262,000
Units produced
10,000
?
Joint costs
?
Sales value at
split-off
P300,000
P 150,000
P10,000
P460,000
Joint costs were allocated usin g the sales value at split-off approach.
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