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Carey Ltd Manufactures Products X and Y from a Joint Process

Question 13

Multiple Choice

Carey Ltd. manufactures products X and Y from a joint process. Joint product costs were £60,000 during the month of December. Additional information is as follows: Sales Values at
Product
Units Produced
Split-Off per Unit
X
10,000
£24
Y
5,000
£8
What is the amount of joint product costs to be allocated to product X during December using the physical units method?


A) £20,000
B) £45,000
C) £15,000
D) £40,000

Correct Answer:

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