O Ltd. produces three products: Bo, Mo and Lo from a single joint process. The...
90.2K
Verified Solution
Link Copied!
Question
Accounting
O Ltd. produces three products: Bo, Mo and Lo from a single joint process. The joint costs for the period are 210,800. O Ltd. uses the physical measures method to apportion joint costs to products.
Kilos of output Selling price per kilo Bo 200 650
Mo 800 825 Lo 1,000 800
11.What amount of joint costs will be allocated to each kilo of product Bo?
a) 32.00 b) 60.22 c) 79 d) 105.40
....Section A continues on the next page....
5
12.How much profit will be generated from product Lo?
a) 800,000 b) 694,600 c) 470,400 d) 320,200
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.