In a manufacturing concern, the joint expenses of products X, Y and Z are ₹25,000. Subsequent expenses of products X, Y and Z are ₹5,900, ₹4,000 and ₹4,450 respectively. Sales values are : X ₹30,000, Y ₹20,000 and Z ₹15,
CS Executive · Cost and Management Accounting · PYQS · June 2019
In a manufacturing concern, the joint expenses of products X, Y and Z are ₹25,000. Subsequent expenses of products X, Y and Z are ₹5,900, ₹4,000 and ₹4,450 respectively. Sales values are : X ₹30,000, Y ₹20,000 and Z ₹15,000. Estimated profit on sales are: X 40%, Y 30% and Z 25%. What is the amount of share in the joint expenses of product X, Y and Z respectively if the selling expenses are 6% on sales value?
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Joint Products and By-products
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