What is the total manufacturing costs per unit

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Question - The Burns Company produces two joint products, X and Y. In separating products X and Y, a by-product is also produced. During the month of July, 20,000 gallons of input were processed producing 12,000 gallons of X, 7000 gallons of X, and 7,000 gallons of Y and 1,000 gallons of the by-product. The materials and conversion costs incurred to process and separate the products amounted to P 57,000. The following were taken from the books for the month of July.

Product

Additional processing cost

Sales price

Sales unit

X

P .50/ gallon

P 6.50

10,000

Y

P .75/ gallon

5.50

5,000

Z

P .10/ gallon

2.00

700

Using the physical measure to allocate joint costs, what is the total manufacturing costs per unit for X, assuming that the by-product is valued at zero cost at the split - off point?

Reference no: EM132931831

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