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Problem 8: Compute for the total cost of producing product Y if joint costs are allocated based on the number of units produced. SAMCIS Company produces three products (X, Y, and Z) in a joint process costing P100,000 The products can be sold as they leave the process, or they can be processed further and sold. The cost accountant has provided you with the following information: Sales Price at Split-Off Separable Further Processing Costs Sales Price After Further Processing Product Unit Volume 3,000 4,000 8,000 Assume that all processing costs are variable costs. P10 15 P60,000 50,000 P25 30 35 Y. 20 90,000

Problem 8: Compute for the total cost of producing product Y if joint costs are allocated based on the number of units produced. SAMCIS Company produces three products (X, Y, and Z) in a joint process costing P100,000 The products can be sold as they leave the process, or they can be processed further and sold. The cost accountant has provided you with the following information: Sales Price at Split-Off Separable Further Processing Costs Sales Price After Further Processing Product Unit Volume 3,000 4,000 8,000 Assume that all processing costs are variable costs. P10 15 P60,000 50,000 P25 30 35 Y. 20 90,000

Essentials of Business Analytics (MindTap Course List)
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter13: Nonlinear Optimization Models
Section: Chapter Questions
Problem 4P: The profit function for two products is: Profit3x12+42x13x22+48x2+700, where x1 represents units of...
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Problem 8: Compute for the total cost of producing product Y if joint costs are allocated based on the number of units produced. SAMCIS Company produces three products (X, Y, and Z) in a joint process costing P100,000 The products can be sold as they leave the process, or they can be processed further and sold The cost accountant has provided you with the following information: Sales Price Separable Further Sales Price After Further Processing Product Unit Volume at Split-Off Processing Costs 3,000 4,000 8,000 Assume that all processing costs are variable costs. P10 P60,000 50,000 P25 Y. 15 30 20 90,000 35
Transcribed Image Text:Problem 8: Compute for the total cost of producing product Y if joint costs are allocated based on the number of units produced. SAMCIS Company produces three products (X, Y, and Z) in a joint process costing P100,000 The products can be sold as they leave the process, or they can be processed further and sold The cost accountant has provided you with the following information: Sales Price Separable Further Sales Price After Further Processing Product Unit Volume at Split-Off Processing Costs 3,000 4,000 8,000 Assume that all processing costs are variable costs. P10 P60,000 50,000 P25 Y. 15 30 20 90,000 35
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