What joint cost allocated to x under net-realizable-value

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Christiansen Corporation manufactures joint products W and X. During a recent period, joint costs amounted to P300,000 in the production of 20,000 gallons of W and 60,000 gallons of X. Both products will be processed beyond the split-off point, giving rise to the following data:

                                                                                W                        X
Separable Costs                                       40,000            160,000
Sales Price if processed beyond split-off         14                       12

Problem 1: The joint cost allocated to W under the net-realizable-value method would be:

Problem 2: The joint cost allocated to X under the net-realizable-value method would be:

Reference no: EM132790911

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