The Successful Company produced three joint products at a joint cost of P120,000. Additional information for a recent period is as follows: Sales Value Product Prouduce at split-off Additional Processing Sales Value Additional Cost Units 42,000 50,000.00 121,000.00 27,000.00 Y 28,000 50,000.00 99,000.00 32,000.00 30,000 25,000.00 66,000.00 15,000.00

The Successful Company produced three joint products at a joint cost of P120,000. Additional information for a recent period is as follows: Sales Value Product Prouduce at split-off Additional Processing Sales Value Additional Cost Units 42,000 50,000.00 121,000.00 27,000.00 Y 28,000 50,000.00 99,000.00 32,000.00 30,000 25,000.00 66,000.00 15,000.00

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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