The sales value basis., Cost Accounting

Assignment Help:

The following data relate to three joint products: 

 

                                                                           A                 B                     C

Sales Value                                                    Rs.24,000           Rs.18,000        Rs.15,000

Selling Costs                                                  Rs.3,500             Rs.4,500           Rs.1,000

Weight (Kgs)                                                       180                240                  150

 

Required:

Joint costs Rs.35,000. Determine the profit made by every product apportioning joint costs on: 

a.  The sales value basis. 

b.  The physical basis. 

 


Related Discussions:- The sales value basis.

Compute the days'' sale, Year Ending April 2009, 2009 April 30, 2008 Net Sa...

Year Ending April 2009, 2009 April 30, 2008 Net Sales $10,148,082 $10,070,778 Accs Receivable 1,171,797 1,161,481 Assume that the accounts receivable (in thousands) were $996,852 a

Manufacturing a/c, value of which items are required to be put in a simple...

value of which items are required to be put in a simple format of manufacturing a/c.

Find the cost of equity of company, Outdoor Travel Inc. needs to estimate t...

Outdoor Travel Inc. needs to estimate the cost of capital for the evaluation of capital expenditures. A typical project is financed with 25% debt-to-value ratio (i.e., D/(D+E) =

Standard costing, What are the benefitss and drawbacks of standard costing?...

What are the benefitss and drawbacks of standard costing?

Compute the cost per unit, Fosson Furniture uses a process cost system to a...

Fosson Furniture uses a process cost system to account for its chair factory. Beginning inventory consisted of 5,000 units (100% complete as to material, 55% complete as to labor)

Material costs - cost accumulation, Material Costs - Cost Accumulation ...

Material Costs - Cost Accumulation However 'Materials' refer to the tangible inputs into the procedure of producing useful output.  They might be indirect materials or direct

Determine whether process is under control, Determine whether process is un...

Determine whether process is under control: Hall's refrigeration and heating company is concerned about complaints from their customers about some of their technicia

What is the profit maximizing level of advertising, Smith Corp. has determi...

Smith Corp. has determined that its contribution margin, (P - MC)/P, is 40%. A recent market research study found the following relationship between adverting outlays and sales rev

Jobwork, elements for jobwork COST SHEET

elements for jobwork COST SHEET

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd