eee ‘CHAPTER ul JOINT PRODUCTS AND BY-PRODUCTS LEARNING OBJECTIVES ‘pen empl of cat, you hbo ses Doane oat coral nig em fe coon ci 2 Bitter sppepit mahod or artnet css wh eas sth apmopcie meds te coving oto {pepo ts Ute ase men ssn vem Te Eon posi + Dos bet fat ain won eso king nyo nite ms it efi hw Tee is Camel Somme eat Teapot nt pram aa Se CS atl io loa mann Teaco roe es PE Secs anc pot my eo sits en i owe psc npc (sprang fewest SyERECE ahaa pet 2 Metron Cont ra ‘et hate ase a a ete peso REPRISES fancy rat ae i he tot Sept GE Rs an atpi at es a peas oi is an te SO Pits eile See I aes det hora oo che A ap fo etree Perera oct ecm iad Soo near ence Soca Soares oce Sve cee mares eee Soret er etree aces ae ito sereeeew eg eer ea eisar ie ca dare ‘technology, consume demand, or coolapiesl factors Some ace aoe Sater eres Spee eeee ron roarmimect are ee eer oe {dhcp be ceed Depo wae BS eee ead a ‘pees mtn sac oh mann pes 2 Stem tinh uh oman le ag 3 Ie et prc, he meatus mist de al of eh ean =‘Chapter 1 Joint Productsand By-Products CUSRACTERISITCS OPEY-PRODUETS i Cre pinsj obec are areas Fra arte hypoh copay wo omy ‘ole of aaa pee, cou En yo res emi Se kr tr eit be a ante pro eat SS a a ec mma we ee feeders eemneeatrmn sr eee rgd aha reo er vernon to os ee 2. Markt vale at split method oe Fences ashi) nt cls pc eigen totam me ee oir fin SS Seat mamas a i iw Tm i Fae ae ee ee rage ait ost eto nes dor eeanan tacoma od adie are Jat cts aed cc pt a. of uptodate jin pac tidy oi st 360 Cost Aecounting ‘sige into fw he ieee be long et cont alten Frotit A= 28000 164000 = P S600 sao Produc B~<.000 x 16000 = «x00 ‘0m Proust©=20000 x 51000 = _sgon 2000 eis Theta prodocton cos a rode re eorpl allows Unis Cons Shue in Adda Tol Praueton Frolic Pasi RerLui Inin Cos PesesingCos Cots A 28000 2 P seo P SOW Toon) 8 34000 5000" Sotoa E00 © iam 000 _ 000 smo on Piso Fuso — pF ‘nde this mtn essed tt al pts ade by omen redun ‘Monde shee popoiente Sure 0h jo tt cdo enero a pede The mopping cnr tis ms Sn its asc. The jr dates of leat it oss on he bf gay Hos abe evens proc ahi fi pos wt onde Market Value at pleat td “his the mont opr lion et An net fr is mete a te sling pcs of rogues we deine pinay by the cose ina 2 odin the pts Thee jo pri tl be altel ob ‘tie ut ae of ena pec Wy te mart lef known a the pli oi, he tl int os load among te ji pda by dvig toe mae wae fe Prodi by th tl natal of alot rie are wat ef dean tvs marke la Tht stn meld ty en cose ‘eve oe oto late each podChapter 11 Joint Products and By-Products 361 “pet co lctie= Tt mae ef eac.amdist x jc oa mer ao pas “The oul pido etenie he an of i cs wb lcd wh im ods rota = 24000 16,900 - 6348 Son PredetB = 238000 5 16400 = S205 cor Prat = 190000 16,000 = 47,91 sro ‘Theta poison cos of pdt ae nate fils oak WUeks MVat_ToalMY Stacin—Aafions! —Praatn hod, Resid Sota SO Joico Pssst Cit "kone son sem saae | P00) Pease 3 enoo Tor akon Shes 30007 68 € Mono 950 tatoo sizelso00 91 fm" esszano inking Pisa P2840 Sete yale mt primal mart ale tlt) ‘Whe he tale nay the pit shud Be ved alee Jong. el nn el ne ne aa he eer names Whee fission am te etbexegech 3 albeit ling Behe mah (point it ole ts, ‘Shinai ey catmiod dina poceimy ond aig care eae fom {hc Fast sale The ce act sh pen compare ts | thermal he next pe. tcp albcae! = Foal NR ofechymau » Hite Toco pot Taal NV fal ee : (Cost Accounting. ‘7 formu i apie een th sunt fon cs 1 step i be alla a ProdactA = 268000 < 165000 = 700 a Prot B = 302000 x 164000 = 62,027 ge AES Prac = 240000 x 164000 = 48176 sit is , ‘Tota production cn fe dist ae emt fils Units Final Total Ad Disposal : a once PS a ay Se ee eS os OF 2B 34000 1009 Solem joo iim sono ear seea 2 1400 20K Sam Lo ee Seis _seie ‘eto trees "Bl wen ct) Aton ais mane th se joi pradues fom aj ree Pests operon et Sopher The flowing Prac Uns Podced Vat Spo? a Wo Rao B30 "hoo © fom Se0 Regi Alcan tht st of 2.0 sy I Mkt ae ted . 2 Avago mtdChapter 11 Joint Products and By-Products 368 SOLUTION 1 Mahe alae method ‘oda Uni $0. Te Femamase Shae Jot Cs ‘A 5010 $40 200 Psi 3 3am 600 ik 6m ‘amo © 2000 500 Jom m 60 0 Pom ‘The conpuatin of he nay be done wing ewe maths The et ‘eth ve he tale ec pdt he al mkt al: 20, Tar, 1070 std eal peng a a rote te hi ny aan 1270 6 The eigen ed he er eto ‘Sly he Coa hrf oe rt eral the prod une, ie 2 Average elt eost mth Prat Units Psd Aura Uk Cot * son Pad P2100 8 jo 40 ibe ¢ om a0 ay 009 Pio “The average mit 0 crpete! by vig he tl int css he a unis roics4200N10000= 430 Faison ash a prods ae salle ot he split oi, we wits he trea val es. ACCOUNTING FOR BY-PRODUCTS. | mens ttre yas. the mn pti re pds fn omen rm terse coon manus process. JH CSS HE 1K \Graty gacable wo eer tan proses oe trac. Since ty-podact, a pode el te posing oft main rods, lesion mas i ome we fori oct. The mab of ing by rodact fino 90 ‘Repnn eeu nw roduc ae mapa who vol an e32, ‘thc peices eps wen pee. © edn om te et of sd ld cn prt Unie is mato, a By-Prait ver acon nt stp erence eps lsd pel os a po "Wins he net typos moans idem and tate ck te See oe eee Soot Siew comma pt ie Opes ye ae Siocon casera podidep bonepieotpin Shane oe368 li bts om te isda Ivey ‘Chapter 11 Joint Products and By-Produets “jit eat aloo ote podation fe -r soot peda cot fe mal oda and are 10 {LLUSTRATIVE PROMS ee eats pod XY fla poss tht a ies 2b ce Corgrober ares? 00 ail pecesing ot, Te Conran ar Cee ti jt gov 0 XY, The Dail wil ele ling and seed ee Tear 00, inenan cms «th posed Stay 2002 fins nl Pokct UnisProkest VASO cg ‘0 P1000 “o.0 z 2000 100 sno Teco acarvin a Drectnuieis P 2000 Brest 10000 Parente s0000 ogi: Wi ne stones towing tbe met teen of the po! ing te ‘Stercnmhs ado keene edt bcos of gods ef XY © Other ace 12 come stent sbing th nt rile ae of te yrs 8 ‘ea en eal oer cox XY SOLUTION ‘se ‘Man oto P0000 Byprie F Spem i400 ue Comat Gast Sod Diet trials 1an900 instar ron Factor ora Ton esonssaragsot | 9400 eye nena emu 3160000 eos Pa rn Tes alg nna exons fa e000 Nelname 366 Cost Accounting ‘Th teen om hey eg om the proc computed fons: ee Add Posen Cot P4000 Pan ie iahthe Navoemceftngada 0 Imerto,aaey3} BW 000 sap 1 Net reeme rom by: proec. Scere stom pret shoe a deo rom cat fad ot Sales Ue, co oa Sa P soano Dreatter eg 1on060 cee eee oe Crete cro gene tonbromtus_—“iagoo_ 30009 Less: Selling & Administrative non Net Income Bo aime Nate by ad se teri Pa gon ‘Less: Cost of Goods Sod i pone he Romer lat Tenuttaegon | i calmer 88 omen te ‘Selling snd adneinistestive ne SS RGe totes tata aeChapter 1 Joint Products and By-Products 367 ‘es prscains der Noo | raed th same amout of tna ‘The pcan on econ ae i tft ham oft intme. ‘PR ner Meld oth nani afta be ol manfcting ‘oss nandcesd nd a9 sok th cost oft vant te mm pot Wt ‘Hod and hed te nina dose ono ae pode ae P sone Use Cone Gos Sold ‘Dect kl Poe oe ‘O00 Pastry reid ‘Tontenmtsauag cos 308.00 Use fee Nanamibcurngees 290010 {oe tnt, oy 31 $4.0 ros ptt ‘a0 ‘Less. Selling and Adminstative ao Nancone a) ILLUSTRATIVE PROBLEM aoe Conny mane proc MN oa pros tht ako es by trata hele pra per Ma 3 it as om 600 40m 20m ree rho P30 Uae e000 199 ee paasoo remo Pr ae Sao "20 3300 cies “00 130 Reged Tae of he bg the it om of P0000 sing ream tha 2 Inve stn forth nro, MN ante ras Jan 368 Cost Accounting SoLvtion: Shae of ety. potatoe os ing rev et nth ae bn Sllngieasn 3 : Seieipem Bom nae into an ouique company ‘as Cow of Gods Sod pa ce ee a Taste cout 100,000 13.800, 0 commen ows 1s eit Ea ‘Supporting compsctions: | ‘Costivait MIN = 100.000 | 10.000 : = the a mafiring ot ih nes he co gd al opocinecsecs ttre masmeeneaareea iam Suchen neo[Chapter 1 Joint Products and By-Prodets 09 ‘Sheen Rete storie tas Sos abe es Sate” Hated ae Sp fie iar ae Teooe inseam sek Ivan user 238 im sham Fees Sects ro pre et od su nd SCR atelier et ‘eoueveanfcd repo i ee tree ane See ee ‘ome phn treet ci pd amin SereL a SLs ut on nbsk nook at pat Th rere Te el tee aa eon ncn ed SSS easter uece om 2 Cont a {Soot tS pt hone ue eel oa at 1 ert cn ta ot th We mc he ja Chapter 11 Joint Products and By-Products 3m _TRUEEALSE QUESTIONS Inds wht fining sme us rake ying he nk eerie capa" force Fr. 1 Theale ajo dnt sason esto eg pe, = sho tc movers poe IS 2 Unda gowns sea cong pis, con ead te Se thy camer cuts Mia Nh Dew ‘tex capt 5. Under ale a ethene ae alee on ti fl slig pes ath eds. 4 When wing emt te vale mal tee no fe ons bu hep arg a 3 pen ft wil Be fara impact conor oe ot 5. Won wing te mt oll set fe Sr prssing Mira el parti of te Ga se ahs fi al he a SF ptt ee es mrsinara pret als ils ag ral) jon rf common joo 6 When sing he tye it cost mod toi pac wah te Tea muh of unten eed he gi so Ye fhe mt 1 Wb hinge heme ea ng he mb of ts foe it Peet lace pm cost allan al Be emai a Fc hrm he psc ques sd na uthecpmnesfrdr don, Tina 19 cma ‘Sec no eae pci to al cme wot th ‘Stn pect vom wate on poeng ‘Stl eons wi or rosin 45, wear yyqates prac ig = pdr ld dig ep Then ad rere peed uated byte cies of doing the prolate Dyas fo he ct ofthe ma ESE Sabine he ose rom te so te Doda a Ghrmome