Joint-cost-and-By-PRODUCT-ANSWER-KEY-KKPO.docx

Joint-cost-and-By-PRODUCT-ANSWER-KEY-KKPO.docx - Joint cost...

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Joint cost and By-product Answer Keys 1. A. P8,000 2,000 2,500 x 10,000 = 8,000 2. c. P2,222.22 yards Sales price per yard at split-of total Product okay 2,000 7.00 14,000 Product okay na okay 500 8.00 4,000 18,000 4,000 14,000 x 10,000 = 2,222.22 3. D. P1,627.91 yards Sales price per yard at split-of Disposal cost per yard NRV/ Spilt- of total Product okay 2,000 7.00 2.50 4.50 9,000 Product okay na okay 500 8.00 4.50 3.50 1,750 10,750 1,750 10,750 x 10,000 = 1,627.91 4. B. P8,372.09
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9,000 10,750 x 10,000 = 8,372.09 5. D. P 10,500 30,000 x .50 = 15,000 15,000 – 4,500 = P10,500
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