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Querist : Anonymous
Querist :
Anonymous
(Querist)
19 November 2011
PLS SOLVE THIS
2 products H & B are in a crude form & require further processing at a cost of Rs7 for H & Rs 6 for B per unit before sale.Assuming a net margin of 25% on cost, their sale price are fixed at Rs20 & Rs 15 per unit respectively. During the period, the joint cost was RS 100000 & the outputs were 1200 units for H & 9000 units for B.Ascertain the joint cost per unit.
2 products H & B are in a crude form & require further processing at a cost of Rs7 for H & Rs 6 for B per unit before sale.Assuming a net margin of 25% on cost, their sale price are fixed at Rs20 & Rs 15 per unit respectively. During the period, the joint cost was RS 100000 & the outputs were 1200 units for H & 9000 units for B.Ascertain the joint cost per unit.
19 November 2011
Try solving this through market or sales value method. May be this link is helpful for u https://www.accountingformanagement.com/market_or_sales_value_method_allocation_of_joint_cost.htm
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