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C Limited Produces Two Products (A and B)from a Particular

Question 73

Multiple Choice

C Limited produces two products (A and B) from a particular joint process.Each product may be sold at split-off or may be further processed.Joint production costs for the year amounted to $60 000.Sales values and costs are as follows.If the joint production costs were assigned using the relative sales value method the joint costs allocated to A would be:
C Limited produces two products (A and B) from a particular joint process.Each product may be sold at split-off or may be further processed.Joint production costs for the year amounted to $60 000.Sales values and costs are as follows.If the joint production costs were assigned using the relative sales value method the joint costs allocated to A would be:   A)  $20 339 B)  $27 383 C)  $27 857 D)  $0: all joint costs are allocated to B


A) $20 339
B) $27 383
C) $27 857
D) $0: all joint costs are allocated to B

Correct Answer:

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