— ee a Ques 23-14 EUP Conversion Yeans(erred eur AAO gy IZ, GB nt — Ck — pat yp pg = St - petals oT 7 _ = Conyers or for FIFO Comat Co fr Cary aon d— uP A\, MA SO ewe 4. 2 BLO ae ieeas wn Bel Gost ger Henn ‘ or : “ie _1S CXR) pe ai 2m) C®) Qaxore) FPO: BD AN et onst/eub wht WP] f 124-22 2978.19 cast out Wh nw lasp yw. Te wake As oF em oS = 123.2! Cots: co: oar vee dq oni CAT x Mal Cat por euP! qm x 2, 378-13 = 2,140. 3'F cos t/eur FiPo~ tito. % Beg + Inventor) Ons Col) gv ow) aaa + Current Cost: a aoe fe 7 on n_[ats Cast por eur [(q-2) 1x = gie,co co. ous cc (ana) tae = 68,229 BT ———-F— 4135,794 ae Bl 4. =m pe Ont per eur | cc Weg, 541-0 (41, Ill WA: Materia — |S). x 123.8 Omarion 112.9 X 1264-42 = A! paris (OK (20 = 18,0 = ante Cmemin ROX (nu-u = (2, Ted.UUs > yy materials cost 5 AT [2.0 rain aul ee oT 30 SH | a et Wr Ic) iene > - : 8 (yuw ) Csiwoo ) "EWP yw 44od ° cot [eur wh wI& + = Me I% 4 Ar $25 2.20 ) cot oy C8T 2 QU la = 193,40 ) A eres 5 Cawonk Cost | 5 Tl ; mo (jaw 4m) X 12 = Stow ce (uw - 50) x B90 g6l2o [8/20 2 4oO 38,400 CAT 22,400 cer ima 10" 2 8.070 51 Wo a tan) wen NU 1142 $4ap “-) AL 8D how re coe) eu —WA 150,000 471,200 Cact feu? 8 3) = ooo cat 38,40 X 6-60 253,440 NL mM = 4. AWX3 t,eFt C69 K 30D 7 te Zee, 12 eB. gOnKe = am Co SU au = BTW ALL Mm — W@X3 7 © Wu 13.40 ' mM Ce cet mW Dm #1 iy. 1 < 4.0% 40D Al ry wD 8 Ob.w ) @m) 00 2d cot eur - ae + So 3.072 + (Syl = S97‘ YS ao BE (9 ee y o> , Cumert Cash m (qo. x4) = e 6c (Th X30) lbs » Ss ; —_ 18,0) — 1. m_ (asx &) — Veet VO oc (KW x30) ro > OB Tod 3 , PAL om) KYg G i : mds g ee re on @ Sp 5 Z er ro ; Oss. : : x Ailltcate Crs 4 Furttr —Proverwing Covts 4 \yms 47 : aa Fackion ailocured JC “ a lab sy) “ 1 Tho 4 ow) < 2 W/o Wn _24D, 7D ne . go0,07 ‘ TNC - mt Given ‘ ' f ' Vem 48-4} furthe— Tic Jani Bix. 16K = 4812, SV + OY = 3.487, 0 ks BS, ext = BX Onn, > WAN) 4 ok Reie gee > Bom + sok Tr 7 42 THC (ane Unsold TAS | x gto (uKxmh) = gai. h__ 85 5m Cimxwn) = 166,00) fy TX OW Cwexen = ay,ew 1,07 2,00Dfen si. : Presontcd «5 ota” Ineeme xx NR Stee he prwem as if by precr des et exist at Stlitb. P23.06 0.22.69 seott Company manufactures three products, A, B, and -a: C from a joint process. The j fs re or Apr total 100,000. Additional information follows: p Wateh Veer nie ae ju oe We giee eve a yolnt? Product Quantity Subsequent Costs Fi | qibofg. Ths oh A 3,000 P 20,000 ~~ . + gre yiesen fitter” 8 4,000 30,000 c 3,000 50,000 7,000 40. The production costs for Product A assuming sales value method is used in allocating joint costs is a. P.20,000 ae Gece a hye KIRK ac b. P25,000 ome Sak = (remy. 41. Costs allocated to Product C sseuming aveiaee unit cost method is used [a> ® mome(S) P 30,000 Caen X10) 3 HUT ¢.P-40,000 ss at B.P50,000 . P 60,000 42. Garvin Corporation manufactures joint products P and Q. During a recent period, joint costs ‘amounted to P80,000 in the production of 20,000 gallons of P and 60,000 gallons of . Garvin can sell P and Q at split-off for P2.20 per gallon and P2.60 per gallon, respectively. Alternatively, both products can be processed beyond the split-off point, as follows: = mv AL aed a eB Q e Separable processing costs 715,000 35,000 mrss» ee x2a0 sgued Sales price (per gallon) if processed beyond split-off, P3. 8 GH gay The joint cost allocated to Q under the relative-sales-value method would nk a. 40,000. . P64,000, 2 62,400. d. P65,600, 43. Gunniston Corporation manufactures joint products W and X. During a recent period, joint costs amounted to P300,000 in the production of 20,000 gallons of W and 60,000 gallons of X. Both Products will be processed beyond the split-off point, giving rise to the following data: w+ 29k I = 2sdw -Mck =e w XX gam we teoin-wikaak Separable processing costs 40,000 P160,000 Es Sales price (per gallon) if processed beyond split-off P14 paz ? atest 2H yank = 40.00 The foe cost allocated to W under tact allzable-value method would be: we a. P75,000, Sn c. P84,000, b. PB0,000. _#P30,000.Items 44 - 45: Abenson Compariy makes three products that can be either be sold, or processed further ‘and then sold. The cost associated with the Abenson Joint process is P 240,000. Units _ SPatsplit-off separable cost FSP Of pa) = 8 Product ESOS some 411 15,000 P6.00 2.00 Paso 2 (ex9) | SO 222, 20,000 4.00 1.00 6.00 ae 333. 25,000 4.00 1.50 6.00: Per unit, Product 111 weighs 3 ounces, Product 222 weighs 2 ounces and Product 333 weighs 3 ounces. aime mas ‘44, The joint cost allocated to Product 111 using the weighted method in allocating joint cost is Ex aut: v1.9 a, P-60,000 ..P 67,500 rec 0b, P.240,000 d.P 97,500 Zoey. The gross margin for Product 111, assuming weighted method is used in allocating Joint cost is Gyy (nS aS" a. P-60,000

PV/aqig ry = 252,405 + ast rede C ss.) Perdue 8 MHI amg zg = Melia * + Fave “Le es em : othe ¥2ap,r0 stabil) C1904) Wrduc C: s9pt.am /aqigam = oe204 Lei) 1,388 , 290 ™ = 3S. > wor th ia = $3.9 x 20,0) a wee tal Pg = yon? COW ansid = vals Ye must accept finite dsappolmment but neverloseinfne hop * Page 13 of 14 - Martin Luther King* Sic needed would eon P SOC cent Mua F 1UU,0UD per quarter. Additional mate labor also needed would cost P 506,000 per quarter. The incremental profit resulting from processing further Product Ais a. P-716,000 ¢.P514,000 b. P-98,000 ud. P 114,000 3,090.0 ~ Saves after Rncessinn Father fd. fr (UPA) ~ Ost on PE (00, 0W )_— addiKonal waterials 3 Labor TW SBY OV — Smee Manein (1,105 0) tortor A ay My, split yp WH — Incrguentel Profit from prcettin furor Pred. A