- This topic has 1 reply, 2 voices, and was last updated 8 years ago by
.
- Posts
Sir,
In this question I am confused which units to take as an output production units or sales units…..?Alpha and Beta are created from a joint process. Both products can be sold immediately after split-off. There are no opening inventories or work-in-progress. The following information is available for the last period:
Total joint production costs $850230
Product Production Units Sales Units Selling Price per unit
Alpha 14000 10000 $10
Beta 15000 12000 $14
Using the sales value method of apportioning joint production costs, what was the value for the closing inventory of product Beta for last period, to the nearest $?
- You must be logged in to reply to this topic.