FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Problem 4
Martha’s Meat Corporation uses a
PRODUCTS |
AMOUNT PRODUCED |
Lit-tid |
1,000 |
Tad-yang |
9,000 |
Pang-a |
400 |
Soup No.5 |
5,100 |
The split off point for these products occurs in Division B and the costs incurred up to this point are P20,000 for direct materials, P15,000 for direct labor, and P7,000 for Factory
What are the joint costs allocated to tad-yang by using the physical output method for Lit-tid and Tadyang respectively?
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