OR
(a) (1) Product A yields by product B and C. The joint expenses of manufacture
are as under
W.RO
W
Materials
20.000
Labour
4.000
Overhead Expenses 16.000
40,000
Sepurate expenses are as under:
BE C)
Matenals
3,000 2.600 2,000
Labour
400 300
200
Overhead expenses
1.600 1.100 800
5.000 4.000 3.000
Selling price
60,000
48.000 40.000
Estimated profit on sales 30% 2576 2016
Show how would you allocate joint expenses of production.
(2) Write short notes on:
(1) Joint product and by-product.
(2) Normal and Abnormal loss
C-126
9
PT.O
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