Solution-Solve profit for each product by using physical

Solve profit for each product by using physical unit method

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Reference no: EM132562234

RD Chemical Ltd. produces three products A, B, and C. Following are the data available for these three

products produced by RD Chemical Ltd.

Product A 3,000 kgs sold at Rs. 250 per kg.

Product B 8,000 kgs sold at Rs. 150 per kg.

Product C 1,500 kgs sold at Rs. 300 per kg.

Total joint cost of producing the above products was Rs. 1,500,000

Required:

Question a) Apportion the joint costs and calculate profit for each product by using Physical Unit Method

Question b) What is the variance between Physical Unit Method and Sales Value Method

Reference no: EM132562234

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Solve profit for each product by using physical unit method

Reference no: EM132562234

Reference no: EM132562234

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