Solution-How much of the joint costs would be allocated to

How much of the joint costs would be allocated to product C

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Question - Wood Company produces 3 joint products at a joint cost of P100,000. Two of these products were processed further. Production and sales were:

Product	Weight	Sales	Addt'l Processing Cost
A	300,000 lbs.	P245,000	P200,000
B	100,000 lbs.	30,000	None
C	100,000 lbs.	175,000	100,000

Assume B is a by-product whose sales value is credited to the joint production costs. If the net realizable value method is used, how much of the joint costs would be allocated to product C?

a. P50,000

b. P62,500

c. P43,750

d. P45,000

Reference no: EM133011294

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How much of the joint costs would be allocated to product C

Reference no: EM133011294

Reference no: EM133011294

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