[amanambu]

Hey am also studying f5 and f6 wats ur reading plan like?

[amanambu]

hi mulo

i got d question from this web page – open tuition. did u download d lecture note/question and answer in open tuition site?

[amanambu]

now i have another question.

Joint process
Two prdts P & Q are created from a joint process. P can be sold immediately after split-off, Q requires further processing into product X before it is in a saleable condition. there are no opening inventories and no working in progress of product P, Q or X. The following data are avaiable for last period.
$
Total joint production costs 350,000
further processing cost of product Q 66,000

product production closing
units inventory units
P 420,000 20,000
X 330,000 30,000

Using the physical unit method for apportioning joint production costs, what was the cost value of the closing inventory of product X for last period?

[amanambu]

hey mwamburi i ve been able to get solution to the question i asked. this is the reason for the 23.

in the question there is 4quarters x 6years (20×0 – 20×5) = 24
less 1 quarter (20×0) = 23.

Do you understand it?

[amanambu]

i got the question from bpp study text and i didnt leave anything out.

tnks

[amanambu]

leymal, im happy for u i wish mine would turnout the same. how did you go about it?

[Author]

Posts