{"id":66609,"date":"2021-10-27T17:17:23","date_gmt":"2021-10-27T17:17:23","guid":{"rendered":"https:\/\/papersspot.com\/blog\/2021\/10\/27\/relative-sales-value-method-joint-costs\/"},"modified":"2021-10-27T17:17:23","modified_gmt":"2021-10-27T17:17:23","slug":"relative-sales-value-method-joint-costs","status":"publish","type":"post","link":"https:\/\/papersspot.com\/blog\/2021\/10\/27\/relative-sales-value-method-joint-costs\/","title":{"rendered":"Relative Sales Value Method &#8211; Joint Costs"},"content":{"rendered":"<p>Radhika, <br \/>Please help me with this problem as I am totally lost. <br \/>Product <br \/> M and S are joint products. The joint production cost of the products <br \/>is $1500. That is, there are costs up to a certain point and we cannot <br \/>divide the products before that point.M has a market value of $2000 <br \/>at the split-off point. If M is further processed at an additional cost <br \/>of $900, its market value is $3000.Product S has a market value of <br \/>$3000 at the split-off point. If Product S is further processed at an <br \/>additional cost of $1000, its market value is $4500.Using the <br \/>relative sales value method (Using the sales price at slit off), <br \/>calculate the joint product cost that would be allocated to M and S. <br \/>Thank you, <br \/>Mike <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Radhika, Please help me with this problem as I am totally lost. Product M and S are joint products. The joint production cost of the products is $1500. That is, there are costs up to a certain point and we cannot divide the products before that point.M has a market value of $2000 at the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[16],"class_list":["post-66609","post","type-post","status-publish","format-standard","hentry","category-research-paper-writing","tag-accounting"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/66609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=66609"}],"version-history":[{"count":0,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/66609\/revisions"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=66609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=66609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=66609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}