The JYD Company processes apples into pies, spread, and dressing. During the second quarter of 2021, the joint cost of processing the apples was P750,000. There were no beginning inventories for the quarter. Production and sales value information for the quarter were as follows: Assume the use of the estimated net realizable value method. Products Units Produced SV @ split-off Separable costs Final Selling Price Ending Units Pies 20,000 P12/unit P20/unit P35/unit 7,000 Spread 50,000 15/unit 10/unit 28/unit 24,000 Dressing 25,000 9/unit 8/unit 20/unit 10,000 The allocated joint cost for product Dressing at the end of the quarter is: Group of answer choices c. P150,000 a. P250,0000 d. Not given b. P450,000
The JYD Company processes apples into pies, spread, and dressing. During the second quarter of 2021, the joint cost of processing the apples was P750,000. There were no beginning inventories for the quarter. Production and sales value information for the quarter were as follows: Assume the use of the estimated net realizable value method.
Products Units Produced SV @ split-off Separable costs Final Selling Price Ending Units
Pies 20,000 P12/unit P20/unit P35/unit 7,000
Spread 50,000 15/unit 10/unit 28/unit 24,000
Dressing 25,000 9/unit 8/unit 20/unit 10,000
The allocated joint cost for product Dressing at the end of the quarter is:
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