Homework Answers
Ans)If there is no information about the sales value at split off point then Estimated NRV is calculated on the basis of Sales value of the end product.
Total joint cost =$ 270000
| Product | sales value | Ratio of sales to total sales | Cost allocation |
|---|---|---|---|
| W-10 | 270000 | 0.3698 | 99846 |
|
W-20 |
210000 | 0.2877 | 77679 |
| W-30 | 150000 | 0.2054 | 55458 |
| W-40 | 90000 | 0.1371 | 37017 |
| Total | 730000 | 1.00 | 270000 |
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