Solved: Alpha company manufactures products xx-1 and xx-2 from a, Cost Accounting

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Alpha company manufactures products xx-1 and xx-2 from a

Alpha Company manufactures products XX-1 and XX-2 from a joint process. Total joint costs are $300,000. The sales value at split off was $350,000 for 4,000 units of product XX-1 and $150,000 for 1,000 units of product XX-2.

Required :
Assuming that total joint costs are allocated using the net realizable value at split off approach, what amount of the joint costs was allocated to product XX-1?

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Cost Accounting: Alpha company manufactures products xx-1 and xx-2 from a

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Cost Accounting: Alpha company manufactures products xx-1 and xx-2 from a

Reference No:- TGS01164231

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