Denver Fabricators manufactures products DF1 and DF2 from a joint process, which also yields a by-product, BP. The company accounts for the revenues from its by-product sales as other income. Additional information follows: DF1 DF2 BP Total Units produced 27,000 18,000 15,000 60,000 Allocated joint costs ? ? ? $ 560,000 Sales value at split-off $ 561,000 $ 187,000 $ 102,000 $ 850,000 Required: Assuming that joint product costs are allocated using the net realizable value at split-off approach, what joint costs are allocated to each of the joint products DF1 and DF2 and to the by-product, BP?

17 oints Split Corporation manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products based on relative sales value of the products at the split-off point. Additional information is as follows: Units produced Allocated joint costs Sales value at split-off 01:39:59 Sales value if processed further Additional costs for further processing Product X's sales value at the split-off point is: 26,000 $ 161,280 Z Total 22,000 $ 108,000 18,000 $180,000 66,000 $449,280 ? 150,000 66,000 250,000 624,000 46,000 186,000 341,000 279,000 1,268,000 74,000 648,000 0 Multiple Choice $156,000. $19,000. $190,000 $224,000 $117,000.

Problem 5 Ilang Ilang company manufactures  Products A and B from a joint process which also yields a by-product. Ilang ilang accounts for the revenue from its by-product sales as a deduction from the cost of goods sold of its main products. Additional information follows:   A B C Total Units produced 15,000 9,000 6,000 30,000 Joint Costs ? ? ? 264,000 Sales Value at Split off 290,000 150,000 10,000 450,000   Joint products are allocated using the relative sales value at split off approach What was the joint cost allocated to Product B?

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Peter Company produces four solvents from the same process: A,B,C and D. Joint product costs are P9,000 ( Round to the nearest peso) Product    Barrels    SP @ Split-Off Pt.         Cost to sell @ Split-off    Separable Cost   Final sales price A               750           P10.00                            P6.50                                   P2.00                    P13.50 B               1,000             8.00                             4.00                                     2.50                       10.00 C               1,400           11.00                             7.00                                     4.00                       15.50 D              2,000           15.00                             9.50                                     4.50                       19.50 If Peter Company sells the products after further processing, the following costs to sell will be incurred: A-P2.50                B-P1.00                C-P3.50                D- P6.00 Using a…

PQ Group PQ Group comprises two divisions: P and Q.  Division P manufactures a product which is transferred to Division Q, where it is converted into the final product for external sale.  One unit of the intermediate product is used to make one unit of the final product. The costs of each division are as follows:   P Division Q Division Variable cost per unit £2 £5* Fixed costs attributable to the product £2,000 £10,000 Maximum capacity 2,250 2,250 * excluding the cost of the transferred item Market research has produced the following information about possible levels of sales of the final product at a range of prices: Selling price (£) Sales (units) 25.00 1,500 23.50 1,750 22.00 2,000 20.50 2,250 The transfer price for the intermediate product has been set on a full cost-plus basis at £4. Complete the following statements for each Division: Division P Output (units) Revenue £ Variable costs £   Fixed…