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Joint products

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Joint products

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 23, 2021 at 10:31 am #644726
    James124
    Participant
    • Topics: 166
    • Replies: 138
    • ☆☆☆

    In example 1, chapter 14,
    You did not apportioned cost per kg on basis of total kilos.
    Like we can have divided (2.4/3000)*1000= 0.8 for product A. And 1.6 for product B.
    Profit per product would have been 4.2 and 0.4 for A and B respectively.
    Isn’t it right?

    December 24, 2021 at 2:31 pm #644760
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54710
    • ☆☆☆☆☆

    We take the total cost and divide my the total kgs, just as I explain in the lecture. The cost per kg of production is the same for both products and what you have written is not right.

    December 25, 2021 at 6:12 am #644779
    James124
    Participant
    • Topics: 166
    • Replies: 138
    • ☆☆☆

    Yes tutor. I even realised after putting a comment. Thank you.

    December 25, 2021 at 8:21 am #644792
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54710
    • ☆☆☆☆☆

    You are welcome.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Joint products’ is closed to new replies.

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