Reference no: EM133124595

Question - BSBA Company produced two joint products A and B, and by-products C and D from the same raw materials with joint costs P200,000. Other information are as follows:

Units produced (20,000; 30,000; 5,000 and 5,000);

Unit sold (18,000; 25,000; 5,000 and 5,000);

Final unit selling prices (25.00; P20.00; 2.00 and P1.50);

Further processing costs (P150,000; P210,000; P5,000 and P4,000);

Selling and Administrative expenses (P15,000; P21,000; P500 and P400);

Desired profit on C and D (P2,000 and P1,500).

If the entity uses average unit costs method in joint products and the reversal costs method in by products, what is the total cost of goods sold of main products?

a. P478,474

b. P479,465

c. P481,164

d. P483,011