Victoria Mills manufactures three products: A, B, and C in a joint process. For every ten kilos of materials input, the output is five kilos of A, three kilos of B, and two kilos of C, respectively. During the month, 50,000 kilos of raw materials costing P1,200,000 were process and completed with a joint conversion costs of P2,000,000. Conversion costs are allocated to the products salable, further processing which does not require additional raw materials was done at the following costs: A, P300,000; B, P200,000; C, P300,000. The unit selling price are: A, P100; B, P120 and C, P150. 15. The unit cost of product A is a. P80 b. P100 c. P253.20 d. P71.20

Victoria Mills manufactures three products: A, B, and C in a joint process. For every ten kilos of materials input, the output is five kilos of A, three kilos of B, and two kilos of C, respectively. During the month, 50,000 kilos of raw materials costing P1,200,000 were process and completed with a joint conversion costs of P2,000,000. Conversion costs are allocated to the products salable, further processing which does not require additional raw materials was done at the following costs: A, P300,000; B, P200,000; C, P300,000. The unit selling price are: A, P100; B, P120 and C, P150. 15. The unit cost of product A is a. P80 b. P100 c. P253.20 d. P71.20

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 5BE: The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000....

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