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Joint and By-Product Costing

Gualberto Magdaraog
1.62K subscribers
36K views 5 years ago
Joint and By-Product Costing for Cost Accounting ...more
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These chapters are auto-generated

Intro

0:00

Distinguish

0:13

Illustration

1:52

Methods of allocating Joint Cost to Joint Products • Market value/Sales value method/ Monetary Measure-joint cost are allocated according to the sales value of the individual products

4:17

Example Versatile Company produces four solvents from the same process: C.D.E, and G. Joint product costs are P9,000. (Round all answers to the nearest pesa)

6:04

Physical Output Method

16:46

Weighted Average Method

18:36

Methods of Allocating Cost to By-Products

19:37

Example of Replacement Cost

34:48
Joint and By-Product Costing
406Likes
36,280Views
2020Apr 23
Joint and By-Product Costing for Cost Accounting

Follow along using the transcript.

Gualberto Magdaraog

1.62K subscribers