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What were the total costs allocated to product Y

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Question - Yvonne, Inc., which manufactures products X, Y and Z from a joint process. Joint product costs were P60,000. Additional Information was provided below.

Product-Units Produced-Sales Value at Split-Off-If Processed Further Sales Values-Additional Costs

X 6,000 P40,000 P55,000 P9,000

Y 4,000 P35,000 P45,000 P7,000

Z 0 P25,000 P30,000 P5,000

Assuming that joint product costs are allocated using the relative sales value at split-off approach, what were the total costs allocated to product Y?

Reference no: EM132862293

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