A company produces three joint products A, B and C. The company has chosen 'physical quantity method'. Up to the point of split off, the total production of A, B and C is 80,000 kgs. The quantity of A, B and C produced i
CS Executive · Cost and Management Accounting · PYQS · December 2016
A company produces three joint products A, B and C. The company has chosen 'physical quantity method'. Up to the point of split off, the total production of A, B and C is 80,000 kgs. The quantity of A, B and C produced is 25,000 kgs., 35,000 kgs. and 20,000 kgs. respectively. Total joint cost is ₹5,00,000. Joint cost allocated to product 'A' is —
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Cost Accounting
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