Mini Y Sales = 25000 x 3200 = 80000000 Mini X Sales = 27100 x 3000 = 81300000 To

Question

Mini Y Sales = 25000 x 3200 = 80000000

Mini X Sales = 27100 x 3000 = 81300000

Total is 161300000

MiniY Joint Cost % = 80000/161300 = 49.60%

Allocated Joint Cost = 3000000 x 49.6% = 1488000

Find the joint cost for MiniY.

Question use what you found earlier in step 5 (below) to find the profit. Revenue - production costs - allocated joint cost = Profit.

Question 5

Column1 Per Unit For 3200 Units Component cost (24000000/3000 8,000.00 26,600,000.00 Directo Labor 135000000/3000 4,500.00 14,400,000.00 Fixed Overheads Rent - 6,000,000.00 Depreciation - 2,000,000.00 Other Fixed - 2,000,000.00 TOTAL COST 54,000,000.00

Explanation / Answer

given ,

Profit = revenue - production costs - allocated joint costs

here,

only mini Y data is considered, since full information of mini x is not given.

revenue = $80,000,000

production cost = $54,000,000

allocated joint cost = $1,488,000.

now,

profit on MINI Y = $80,000,000 - 54,000,000 - 1,488,000

=>$24,512,000.

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