In manufacturing the main product, a company processes the incidental waste into two by products A and B. From the following data relating to the products, you are required to prepare a comparative profit and loss statement showing individual costs and other details. The total cost up to separation point was Rs 3,10,400.
|
Main product |
By product A |
By product B |
|
|
Sales |
Rs 8,00,000 |
Rs 64.000 |
Rs 96.000 |
|
Costs after separation |
Rs 80,000 |
Rs 12 800 |
Rs 14 400 |
|
Estimated net profit percentage to sales value |
20 |
20 |
|
|
Estimated selling expenses as |
20:. |