Solved

Amos, SA, Manufactures Products a and B from a Joint Process

Question 37

Multiple Choice

Amos, SA., manufactures products A and B from a joint process. Joint product costs were £40,000 during the month of October. Additional information is as follows:  Sales Value at  Product  Units Produced  Split-Off  A 14,000£110,000B6,000£90,000\begin{array}{lrr}&&\text { Sales Value at }\\\text { Product }&\text { Units Produced }&\text { Split-Off }\\\text { A } & 14,000 & £ 110,000 \\B & 6,000 & £ 90,000\end{array} Amos uses the sales-value-at-split-off method of joint cost allocation. What is the amount of joint product costs to be allocated to products A and B in October, respectively?


A) £20,000; £20,000
B) £22,000; £18,000
C) £28,000; £12,000
D) £18,000; £22,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions