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Puma Perfume Co. processes Puma into four joint products A, B, C, and D. As
product D does not have any sale value, the company mixes products C & D in equal
proportion to produce product E. The total joint costs of the company for
December 2019 is budgeted to be Rs. 1,00,000. The company follows Net
Realizable Value (NRV) Method for allocation of joint costs. There is no opening and
closing stock of unprocessed A, B, C and D. There is no processing loss of any kind at
any stage. Following is the budget of the company for the month of December 2019.