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Costing

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Costing

  • This topic has 3 replies, 2 voices, and was last updated 1 year ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • September 5, 2021 at 4:58 pm #634479
    johnbriane
    Member
    • Topics: 170
    • Replies: 160
    • ☆☆☆

    Sir for Production line where runs of different canned food products are interchanged at regular intervals can be suited for process costing – joint products

    And as well as batch costing too right or
    Only joint product process costing

    September 5, 2021 at 8:16 pm #634509
    John Moffat
    Keymaster
    • Topics: 56
    • Replies: 51563
    • ☆☆☆☆☆

    That has nothing to do with joint products and I really do not understand why you are interested in this. Joint products is when more than one product is produced within he same process, which is certainly not going to be the case with canned foods.

    September 6, 2021 at 10:38 am #634561
    johnbriane
    Member
    • Topics: 170
    • Replies: 160
    • ☆☆☆

    Oh yeah ok sir it was in my institutes lectures notes

    So sir
    The above is only suited for batch costing am I right sir

    Thank you sir

    September 6, 2021 at 5:14 pm #634598
    John Moffat
    Keymaster
    • Topics: 56
    • Replies: 51563
    • ☆☆☆☆☆

    Batch costing would certainly be the suitable one.

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