Solution-Solve profit for each product by using physical

Solve profit for each product by using physical unit

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Reference no: EM132562084

Assume that the ABC Company produces three products A, B, and, C. The produced and sales of each product are given below.

Company produced 10000 units of product A and sale 7,000 units of A at a selling price of $10, produced and sales 10,500 units of B at a selling price of $30, produced and sales 11,500 units of C at a selling price of $20 with a joint processing cost of $200,000. Assume that the Company management want to process further process products A, B, and, C for additional charm for their customers and cost charged on additional processes of A, B, and C, $35,000. $47,000 and $53,000 respectively. Assume that the Company sale each product after further process of A, B, and, C at $12, $33 and $21 respectively.

Required:

Question 1: Apportion the joint costs and calculate profit for each product by using Physical Unit, sale at split off Method and constant gross margin net realized value method.

Reference no: EM132562084

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Solve profit for each product by using physical unit

Reference no: EM132562084

Reference no: EM132562084

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