Show the joint cost allocation and the total costs

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Question - The following information is available for SNSD Company. Joint Costs amounted to P164,000.

Products

Units Produced

Disposal Costs

MV per unit at Split-off (in Peso)

Additional Processing Costs

Final MV per unit

A

28,000

4,000

8

50,000

11.5

B

34,000

1,000

7

30,000

10

C

20,000

5,000

9.5

35,000

14

Required - Show the joint cost allocation and the total costs per each product using the following different methods:

1. Physical output method/ Average unit cost method.

2. Market value at split-off method.

3. Net realizable value method (approximated market value at splitt-off).

Reference no: EM132860614

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