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ACCA F2 Revision part 6 Joint Products

F2 Revision Lectures

Revision notes page used in this lecture

f2r6

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    • Well that was a useful comment!!!
      The answers are perfectly correct for the values when the products leave the joint process.
      The final stock value of A will of course be higher in each case by the $3 per kg spent on further processing.

      • I still dont get it.. The answer to point i) : cost per kg is counted: 446,000 : (10,000+50,000) = 7.43 $ (for A and B) , so the by-product is not substracted in units but it is in cost, why? In your lecture the answer is 8.92 $
        point ii) : the answer for A – 6.76 $ but in your lecture 7.96 $, for B – 9.46 $, in your lecture 9.91 $… there is no difference of 3 $ :-S..
        ps. btw – i totally love your lectures, thanx a lot!!! 馃檪

      • Oh dear – I am terribly sorry.
        It has been a long day and I quickly checked the answer before and didn’t spot my mistake.

        The lecture is correct. I will correct the printed answer and get admin to upload it ASAP.

        I do apologise again 馃檨

  4. I have found this very useful, the lecturer repeats all the pitfalls very clearly, always work with production units 馃檪 and read carefully what the question ask of you, that will lead you what to do with the by product (subtract it from total production cost or nothing if it goes to sales)
    Thanks

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