TVA Company produces three products from the same process and incurs joint processing costs of P150,000. Sales price per gallon at split-off P225.50 300 500 Disposal cost per gallon at split-off P...

How much is the net income attributable to Product M, assuming that joint costs are allocated using the Approximate Net Realizable Value x, and after being processed further, 1,800 gallons of Product M was sold during the year?

TVA Company produces three products from the same process and incurs joint processing costs<br>of P150,000.<br>Sales price per<br>gallon at split-off<br>P225.50<br>300<br>500<br>Disposal cost per<br>gallon at split-off<br>P 62.50<br>Further<br>Final sales price<br>per gallon<br>Gallons<br>processing costs<br>P 50.00<br>2,400<br>1,100<br>500<br>M<br>P350.00<br>N<br>150.00<br>100.00<br>500.00<br>Q<br>400.00<br>100.00<br>750.00<br>Disposal costs for the products if they are processed further are:<br>M, P 150.00; N, P 275.00; Q, P 50.00.<br>

Extracted text: TVA Company produces three products from the same process and incurs joint processing costs of P150,000. Sales price per gallon at split-off P225.50 300 500 Disposal cost per gallon at split-off P 62.50 Further Final sales price per gallon Gallons processing costs P 50.00 2,400 1,100 500 M P350.00 N 150.00 100.00 500.00 Q 400.00 100.00 750.00 Disposal costs for the products if they are processed further are: M, P 150.00; N, P 275.00; Q, P 50.00.

Jun 02, 2022

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TVA Company produces three products from the same process and incurs joint processing costs of P150,000. Sales price per gallon at split-off P225.50 300 500 Disposal cost per gallon at split-off P...

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