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    Problem 14-6 (Continued) 2. Dark-Chocolate Milk-Chocolate Powder Powder Total

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    Louiza Kyla Arida

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    Problem 14-6 (Continued) 2. Dark-Chocolate Milk-Chocolate Powder Powder Total

    Uploaded by

    Louiza Kyla Arida
    8 views2 pages

    Original Title

    CHAPTER-14 cost13

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    8 views2 pages

    Problem 14-6 (Continued) 2. Dark-Chocolate Milk-Chocolate Powder Powder Total

    Uploaded by

    Louiza Kyla Arida

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 2

    1

    Problem 14-6 (continued)

    2. Dark-Chocolate Milk-Chocolate
    Powder Powder Total
    a. Revenues P8,000 P17,000 P25,000
    Joint costs 3,500 6,500 10,000
    Separable costs 4,250 8,750 13,000
    Total costs 7,250 15,250 23,000
    Gross margin P 250 P 1,750 P 2,000

    Gross-margin % 3.125% 10.294% 8%

    b. Revenues P8,000 P17,000 P25,000


    Joint costs 4,000 6,000 10,000
    Separable costs 4,250 8,750 13,000
    Total costs 8,250 14,750 P23,000
    Gross margin (loss) P(250) P 2,250 P 2,000

    Gross-margin % (3.125%) 13.235% 8%

    c. Revenues P8,000 P17,000 P25,000


    Joint costs 3,125 6,875 10,000
    Separable costs 4,250 8,750 13,000
    Total costs 7,375 15,625 23,000
    Gross margin P 625 P 1,375 P 2,000

    Gross-margin % 7.812% 8.088% 8%

    Problem 14-7

    1. Day 1 Pork Chops Ham Bacon Total


    Selling price P120 P150 P144 P414
    Allocated joint costs 45 75 180 300
    Operating income (loss) P 75 P 75 P(38) P114

    Day 2
    Selling price P120.00 P150.00 - P270.00
    Allocated joint costs 112.50 187.50 300.00
    Operating income P 7.50 P(37.50) P(30.00)

    Day 3
    Selling price P 120.00 - - P 120.00
    Allocated joint costs 300.00 300.00
    Operating income P(180.00) P(180.00)

    Day 4 The butcher loses P300.


    2

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