Vasanth Ltd manufactures product A, which yields two by-products B and C. The actual joint expense…
Vasanth Ltd manufactures product A, which yields two by-products B and C. The actual joint expense of manufacture for a period was Rs 8,000. Subsequent expenses and other data are as follows:
A (Rs)
B (Rs)
C (Rs)
Materials
100
75
25
Wages
200
125
50
Overheads
150
125
75
450
325
150
Prepare a statement showing apportionment of joint costs to the main product and the by-products.