ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

1. Wanpipti Company uses a job order costing system. During April 2016, c. $6,920
the following costs appeared in the Work in Process Inventory account:
d. $8,000
Beginning balance $ 24,00
0

Direct material used 70,000

2. Sanaall Company manufactures a recycling container in its forming
Direct labor incurred 60,000 department. Direct materials are added at the beginning of the production
process. Conversion costs are added evenly during the production process.
Applied overhead Units DM
48,000 CC Total
Some units of this product are spoiled as a result of defects, which are
detectable only upon inspection of finished units. Normally, spoiled units are
WorkCost of goodsbeginning
in process, manufactured
inventory 1,500 185,00
12,000 9,000 $21,000
0 10% of the finished output of good units. That is, for every 10 good units
Started during July 8,500 produced, there is 1 unit of normal spoilage. Summary data for July 2012
Good units completed and transferred 7,000 are as follows:
out during July
Work in process, ending inventory 2,000 a. 700 and 700

b. 300 and 1000

Total costs added during July 76,500 89,100 $165,60
0 c. 300 and 700

d. 700 and 300

Wanpipti Company applies overhead on the basis of direct labor cost. There
was only one job left in Work in Process at the end of April which contained
$5,600 of overhead. What amount of direct material was included in this 3. Chupapi Company uses a job order costing system. Assume that Job
job? #504 is the only one in process. The following information is available:

a. $4,400

b. $4,480
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

What is the overhead application rate if Chupapi Company uses a

predetermined overhead application rate based on direct labor hours
(rounded to the nearest whole dollar)?
Budgeted direct labor Budgeted machine
65,000 9,000
a. $ 0.20 hours hours

b. $ 5.00 Budgeted overhead $350,000 Direct material $110,500

c. $ 5.38 Direct labor cost $70,000

d. $ 38.8 5. Cayapha Copany has two processing departments; Dept. A and B. The
completed units from department A are transferred in Dept. B for further
processing. The following information relates to the two departments for
January. The actual loss is 5000 units and occurred in the first part of
processing which is in Department A.
4. On the month of October,Rocky Company had 5,000 units in its beginning
Work-in-Process Inventory which were 100% complete as to materials and
30% complete as to conversion costs. 15,000 units were started on the
month October. The ending Work-in-Process Inventory consisted of 2,000
units that were 50% complete as to materials and 70% complete as to
conversion costs. The assembling department uses FIFO process costing.
What are the equivalent units of production for the conversion costs during
the period?

a. A.19,800

b. B.20,500

c. C.17,900

d. D.18,600
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

Dept. A Units

Beg WIP (70% complete as to 15000

CC) What is the cost per EUP for transferred in, material and conversion cost in
End WIP (50% complete as to 20000 the second dept.
CC)

Normal Spoilage (continous) 3000 a. DM- 0.02 CC 1.78 Trans-in - 3.35

Total Units accounted for 8000 b. DM- 1.78 CC 3.35 Trans-in - .62

c. DM- 3.35 CC 1.78 Trans-in - .62

Cost Data: DM CC d. DM- .62 CC 1.78 Trans-in - 3.35
Beg WIP cost: 40,000 70,000

Current Cost: 75,500 100,850

Dept. B Units 6. Refer to Cayapha Company. What is the
total cost assigned to total units transferred
Beg WIP (80% complete as to 14500
out from Dept A.
CC)
a. 222 750
End WIP (90% complete as to 9000
DM) b. 222 570

c. 275 222
Dept. B Tran-in DM CC d. 250 750

Beg WIP cost: 10000 18000 19000

Current Cost: 75,500 100,850

ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

7. Labanlang Company has the following informationfpr the month of b. b. 9,856U ; 2,790F
February wherein Labanlang Company produced 3250 units of garment.
c. c. 10,250F ; 0

d. d. 10,500F ; 4000F
Standard Cost:

Material 4.0 feet per unit @ P7 per foot.

Labor 2 hours per unit @ P8 per hour.

9. Ariel company produces many products for household use. Company
sells products to storekeepers as well as to customers. Tide with downey
scent is one of the products of Arial. It is a cleaning product that is
Actual Cost: produced, packed in large boxes and then sold to customers and
Material 9000 feet used, 10000 feet purchased @ P15 per foot. storekeepers.

Labor 6000 direct labor hours @ P6.25 per hour

Ariel uses a traditional standard costing system to control costs and has
established the following materials, labor and overhead standards to
What is the material price variance at point of purchase and the material produce one box of Tide with downey scent.
quantity variance?
 Direct materials; 1.5 pounds @ ₱ 12 per pound: ₱ 18.00
a. 21,120U ; 25000F
 Direct labor; 0.6 hours ₱24 per hour: ₱14.40
b. 20,000F ; 28,000F
 Variable manufacturing overhead; 0.6 hours @ ₱5.00: ₱3.00
c. 0 ; 27,750U

d. 19,050F ; 0
During August 2012, company produced and sold 3,000 boxes of Tide with
downey scent. 8,000 pounds of direct materials were purchased @ ₱11.50
per pound. Out of these 8,000 pounds, 6,000 pounds were used during
8. What is the labor rate variance and labor efficiency variance?
August. There was no inventory at the beginning of August. 1600 direct
a. 0 ; 3,750U
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

labor hours were recorded during the month at a cost of ₱40,000. The
LIMESTONE: 8,500 LIMESTONE: 400 pounds
variable manufacturing overhead costs during August totaled ₱7,200.
pounds purchased and @ $2.50 per pound
used @ $2.75 per pound

How much is variable overhead spending variance?

a. 800 F Assembly labor hours: Assembly Labor: 6 hours

1,480 @ $16.20 per hour @ $18 per hour
b. 880 U
Maintenance labor hours: Maintenance Labor: 2
c. 900 F 1,055 @ $11.60 per hour hours @ $ 11 per hour

d. 800 U Inspection Labor: 500 Inspection Labor: 2 hours

hours @ $ 10 per hour @ $ 10 per hour

10. Arcya Glass Corporation manufactures a glass bottle. The company

need workers for Assembly, Maintenance, and Inspection. It requires raw What is the total material yield variance and total labor mix variance?
materials such as sand, soda ash, and limestone as well as Assembly
Labor, Maintenance Labor, and Inspection Labor to produce one glass a. 7,481.5 F and 4,311 U
bottle. Arcya Glass Incorporation manufactured 150 glass bottles during the b. 7,481.5 F and 4,311 F
current month. The following data needed is presented below:
c. 7,481.5 U and 4,311 U
ACTUAL STANDARD
SAND: 6,000 pounds d. 7,481.5 U and 4,311 F
SAND: 600 pounds @
purchased and used @ $5.00 per pound
$4.75 per pound
SODA ASH: 3,750 pounds SODA ASH: 350 pounds
purchased and used @ @ $3.00 per pound 11. David France sells phone for the future of his wife Christoph for $ 664
$3.10 per pound
per unit, and the standard cost card for the product shows the following
costs:
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

Direct material $ 129 a. 2784 php

b. 2874 php
Direct labor. $ 202 c. 7284 php
Overhead (80% fixed) $ 111 d. 4728 php

Total. $ 442
13. Suppose a company furnishes the following recent operating statement
for its three product lines, A, B and C.
David France received a special order for 1,000 units of the product. The
only additional cost to Robertson would be foreign import taxes of $ 29 per
unit. If Robertson is able to sell all of the current production domestically, A B C Total
what would be the minimum sales price that Robertson would consider for Sales P 400 000 P 360 000 P 300 000 P 1 060
this special order? 000
a. $ 665.00 Variable expenses P 280 000 P 216 000 P 240 000 P 736 000
b. $ 765.00 Fixed expenses:
c. $ 693.00 Salaries of product line 30 000 32 000 40 000 102 000
d. $ 998.00 supervisors

Marketing cost allocated 8 000 7 200 6 000 21 200

to product lines on basis
of sales
12. Christ Philip Stein Rolex manufactures high-end smartwatch. The Administrative costs 22 000 22 000 22 000 66 000
company manufactures 75,000 smartwatch a year at a variable cost of allocated equally
215,550,000 php and a fixed cost of 117,050,000 php. Based on
Christopher's estimate and previous records, 67,000 smartwatch will be sold Total expenses P 340 000 P 277 200 P 308 000 P 925 200
at the regular price of 450,000 php each. In addition, a special order was Operating Income/Loss P 60 000 P 82 800 P (8 000) P 134 800
placed for 8,000 smartwatch to be sold at 35% dicount off based on the
regular price. The unit relevant cost per unit for Christopher's decision is?
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

Management is considering discontinuing Product C operations. Components of Components of Components of

F J P
Unit Cost(₱) Unit Cost(₱) Unit Cost(₱)
Assuming that in addition to the data given, the following changes are Variable Cost 100 200 300
expected: Fixed Cost 250 150 300
Total Cost 350 350 600
1. Sales of Product A and Product B increase by 10% and 15%, Another company has offered to supply the components of FJP Ltd. at
respectively. the following prices:

2. Marketing costs will remain unchanged. Components of Components of Components of

F J P
3. Salaries of Product A and B’s product line supervisors would
Price each ₱ 200 ₱ 120 ₱ 350
increase by 8% and 10% respectively due to the increased sales.

4. No increase in total assets is required. Which component(s), if any, should FJP Ltd. consider buying in?
a. Buy in F only
b. Buy in J only
c. Buy in F and P
Which product should the company drop?
d. Buy in all three components
a. It is not good for the company to drop Product C.

b. The company may decide to drop Product C.

15. Plus Manufacturing Company uses a raw and in process (RIP) inventory
c. The company should drop Product B. account and expenses all conversion costs to the cost of goods sold
account. At the end of each month, all inventories are counted, their
d. The company should not drop any product.
conversion cost components are estimated, and inventory account balances
are adjusted accordingly. Raw material cost is backflushed from RIP to
Finished Goods. The following information is for the month of April:

14. FJP Ltd. makes three components F, J and P. The following costs have
been recorded: Beginning balance of RIP account, including P 4 P 50 000
550 of conversion cost
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

Raw materials received on credit P 380 000 Activity Cost Pools Estimated OH Cost Expected Activity Total

Ending RIP inventory per physical count, including P 65 000 X Y

P 2 000 conversion cost estimate
Activity 1 $ 280,000 550 450 1,000

Activity 2 $ 310,000 100 150 250

Compute the amount to be backflushed from RIP to Finished goods:
General Factory $ 100,000 400 600
a. P 358 450 1,000

b. P 368 600 Total $ 690,000

c. P 365 000

d. P 362 450 Based on the data above, the predertimed overhead rate or the activity rate
for Activity 1 under activity-based costing system is:
a. $ 300
b. $ 275
c. $ 280
16. Pelone Company has two products namely: X and Y. Product X and Y d. $ 305
has an annual production and sales of 2000 units and 1500 units,
respectively.The company traditionally used dirct labor-hours as the basis
for applying all manufacturing overhead to products. Product X and Y
17. CIC Company manufactures a device that is used by cell phone users to
requires 0.2 and 0.4 direct labor-hours, respectively. $ 690,000 is the total
obtain solar energy for the battery of their phones without needing
estimated overhead for the next period.
electricity. The following data relates to the first month of operation:
The company is using an activity-based costing system next period and
Beginning Inventory: 0 units
the system would have three overhead activity cost pools: Activity 1, Activity
Units produced: 60 000 units
2, and General Factory----with estimated overhead cost and expected
Units sold: 45 000 units
activity as follows:
Selling Price: $130 per unit

Manufacturing Costs:
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

 Direct material cost per unit: $40 d. ₱0.80

 Direct labor cost per unit: $18
 Variable manufacturing overhead cost per unit: $8
 Fixed manufacturing overhead cost per month: $1 320 000
Using the given information above, what is the unit product cost using
absorption costing and variable costing respectively.
19. Electro company has two service departments, Power and Maintenance,
and two production departments, Machining and Assembly. All costs are
regarded as strictly variable. For September the following information is
available:

a. $78 and $68 Service Departments Production Departments

b. $98 and $66 Power Maintenance Machining Assembly
c. $88 and $66 Direct costs ₱95,500 ₱50,200 ₱35,000 ₱20,100
d. $76 and $58 Actual activity:
Kilowatt hrs. 60,000 130,000 70,000

18. Data concerning Melecto Company's activity for the first 5 months of the Maintenance hours 450 2000 3000
year appear below:

Machine Hours Electrical Cost

January 8,000 ₱5,500 If the company uses the direct method for allocating service departments
February 5,000 3,650 costs to production departments, what amount of Power Department cost
March 6,800 4,300 will be allocated to the Machining Department for September?
April 3,000 2,500 a. ₱76,075
May 5,600 3,900
b. ₱62,075
Using the high-low method of analysis, What is the estimated variable
c. ₱62,062.50
electrical cost per machine hour?
d. ₱65,625
a. ₱0.60

b. ₱0.50

c. ₱0.40
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

20. Rey Frances Company produces three products: x, y, z from the same 21. The use of standard material or labor costs in job order costing
process joint cost for this production run are 4, 100.
a. is similar to the use of predetermined overhead rates in a normal
costing system.
Disposal b. will keep actual costs of jobs from fluctuating due to changes in
Sales price Further Final sales
Poun cost per component costs.
per pound processing price per
ds pound at
at split off per pound pound c. is appropriate for any company making a units to customer
split off
700 7.5 3.5 2 8.5 specification.
x
y 1200 8.5 4 3.25 11 d. all answers are correct.

z 1600 9 4.5 3.5 12

If the products are processed further, Gordon Comp. will incur the ff. 22. Which of the following is a correct formula for computing direct materials
disposal costs upon sale. price variance?

X, 2.5, y, 3, and z, 2.0 a. Standard quantity purchased × (Actual rate - Standard rate)

b. Actual quantity purchased × (Actual rate - Standard rate)

Using the information given above, what amount of joint processing cost is
allocated to product Y using the net realizable value at split off? (Round off c. Standard quantity purchased × (Actual rate + Standard rate)
to the nearest dollar)
a. $1358 d. Actual quantity purchased × (Actual rate + Standard rate)

b. $1241

c. $1065 23. Which of the following statements is false?

d. $1438 Statement 1: Under some circumstances, a sunk cost may be a

relevant cost.
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

Statement 2: Future costs that do not differ between alternatives are a. Average process
irrelevant.
b. Packaging process
Statement 3: The same cost may be relevant or irrelevant depending
on the decision context. c. Distribution process

Statement 4: Only variable costs are relevant costs. Fixed costs cannot d. Allocation process
be relevant costs.

a. 1 and 2

b. 1 only

c. 3 and 4

d. 1 and 4

24. A mixed cost

a. is fixed over a wider range of activity than a step cost.

b. is a fixed cost over the relevant range and a variable cost everywhere
else.

c. always increases on a per unit basis.

d. contains both fixed and variable components.

25. Assigning cost to product units requires the use of what?

ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

13. B (Ferrer Jay Pelone)

14. D (Stefany O. Pelayo)

15. C (Ferrer Jay Pelone)

16. C (Christine I. Cabuenas)

17. A (Christen Hope C. Ressureccion)

ANSWERS: 18. B. (Christen Hope C. Ressureccion)

19. D (Christine I. Cabuenas)

1. A (Jadie Joshua Medina) 20. D (Christen Hope C. Ressureccion)

2. D (Kirstine D. Verdida) 21. A (Kirstine Verdida)

3. C (Jadie Joshua Medina) 22. B (John Robert Pagunsan)

4. C (Kirstine Verdida) 23. D (Stefany O. Pelayo)

5. D (Rina Mae Lawian) 24. D (Christen Hope C. Ressureccion)

6. A (Rina Mae Lawian) 25. D (Clynt Villamor)

7. B (Clynt Villamor)

8. D. (Clynt Villamor)

9. B (Kyla Marie Yap)

10. C (Christopher Sotto)

11. B (Christopher Sotto)

12. B (Stefany O. Pelayo)

ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

Normal Spoilage= 7000 x 10%

= 700 units

SOLUTIONS:

Abnormal spoilage = Total spoilage – Normal spoilage

= 1,000 – 700
1. = 300 units
Total Costs Incurred
202,000
3.
Less: Cost of Goods
Manufactured (185,000) Budgeted Budgeted Direct Overhead
Overhead Labor Hours Application Rate
Costs remaining in WIP
17,000 $350,000 65,000 $5.38

Overhead 5,600

Direct Labor (5,600/.80) 7,000

(12,600)

Direct Materials 4.
4,400
Beginning WIP 5,000

Started 15,000

Units Accounted For 20,000

2. Total Spoilage= (1,500 + 8,500) – (7,000 + 2,000)
= 10,000 – 9,000 Material Conversion
= 1,000 units
Beginning WIP 5,000 0 3500
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

Started & Completed 13000 13000 13000 Cost Data Total

Transferred Out 18000 Beg. 47000 10000 18000 19000
Ending WIP 2000 1000 1400 Current Period 347650 222750 22100 102800
Units Accounted For 20000 13100 17900 394650 232750 40100
Total cost to account for 121800

Divided by EUP 69,500 65,000 68,600

5.
Cost per EUP 3.35 0.62 1.78
Production data Units Trans - DM CC
in
6.
Beg WIP inventory 14,500
Production Data Units DM CC
Trans. In 55,000
Beg. 5,000 15,000 15,000
Total units to account for 69,500 Started and completed 40,000 40,000 40,000
Completed 55,000
Ending WIP 20,000 20,000 10,000
Beg. WIP inventory 14,500 14,500 14,500 14,500 Normal Spoilage 3,000
Started and Completed 46,000 46,000 46,000 46,000 Abnormal Spoilage 2,000 2,000 2,000
Total units accounted for 80,000 77,000 67,000
Completed

Ending WIP inventory 9,000 9,000 4,500 8,100 Cost Data Total
Total units accounted for 69,500 69,500 65,000 68,600 Beg. 110,000 40,000 70,000
Cost Current cost 176,350 75,500 100,850
Total cost to account for 286,350 115,500 170,850
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

Divided by EUP 77,000 67,000 Variable overhead spending variance

Cost per unit 4.05 1.5 2.55 Actual hours worked at actual rate ₱7, 200
Transferred out: 55,000*4.05= 222,750 Actual hours worked at standard

7. Material Price Variance rate( 1,600 hours x ₱5) ₱8,000

P 5 x 10,000 P7 x 10,000 Variable overhead spending variance ₱ 800 Favorable
` 50 000 70 000
20,000 F
Material Quantity Variance
P7 x 9000 P7 x (3250 x 4)
7 x 13000
63,000 91000 Variable overhead spending variance
28,000 F
Actual hours worked at actual rate ₱7, 200
8. Labor Rate Variance
P6.25 x 6,000 8x 6000 Actual hours worked at standard
37500 48000
rate( 1,600 hours x ₱5) ₱8,000
10,500 F
Variable overhead spending variance ₱ 800 Favorable

Labor Efficiency Variance

10.
P8 x 6,000 8x(2 hr/ unit x 3250)

48,000 52,000

4000 F

9.
 AM x AH x SR SM x AH x SR
1,480 x 16.20 = 23,976 1,821 x 18 = 32,778
ACCTG 201 Finals 1,055 x 11.60 = 12,238 607 x 11 = 6,677

G02 - Group Activity 2 Comprehensive 500 x 10.00 = 5,000 607 x 10 = 6,070

41,214 45,525
Prepared by: Group 4
4,311 F
Labor Mix Variance

SM x AQ x SP SM x SQ x SP
18,250 x (60/135) x 5.00 = 9,000 x 5.00 = 13.
40,555.55 45,000
18,250 x (60/135) x 3.00 = 5,250 x 3.00 = Analysis: The following schedule shows the projected operating statement
14,194.44 15,750 assuming the company discontinued Product C operations.
18,250 x (60/135) x 2.50 = 6,000 x 2.50 =
13,518.51 15,000
68,268.50 75,750 Product Lines
7,481.50 F
Material Yield A B Total
Variance
Sales P 440 000 P 414 000 P 854 000

Variable P 308 000 P 248 400 P 556 400

expenses

Fixed expenses:

Salaries of 32 400 35 200 67 600

product line
supervisors
11.
Marketing costs 10 923 10 277 21 200
664 + 29 = 693.00 the company would increase its minimum sales price to
reflect the foreign import tax of $1 per unit. Administrative 33 000 33 000 66 000
costs

Total P 384 323 P 326 877 P 711 200

Operating P 55 677 P 87 123 P 142 800

12. 215,550,000 / 75,000 = 2874 the relevant cost will be the variable cost Income/Loss
per unit of smartwatch. before taxes
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

As shown above, overall net income will be P 142,800. This is slightly higher Amount to be backflushed from RIP to Finished goods P 362 450
than the present overall income of P 134,800 with no increase in total assets
required. However, management should consider other factors, such as the
future sales of product C and whether the increased sales of Product A and
B will continue or would occur without eliminating Product C operations.
16.

(Estimated Overhead Cost)$ 280,000/(Total Activity)1,000 = $ 280

14.

Components Components of Components of

of F J P
Variable Cost in ₱ 100 ₱ 200 ₱ 300
Making 17.
Variable Cost in 200 120 350
Buying Absorption Costing Variable Costing
(100) 80 (50) Direct Material $40 $40
Direct Labor $18 $18
Variable MOH $8 $8
Fixed MOH *$22 -

15. Unit Product Cost $88 $66

Beginning balance of RIP account (P 50 000 -P 4 450) P 45 450

*1320000/60000 = $22
Add: Raw materials received on credit 380 000

Total 425 450 18.

Less: Ending balance of RIP inventory per physical 63 000 High Point - Low Point = Change
count ( P65 000- P2 000) Cost ₱5,500 ₱2500 ₱3000
Activity 8,000 3000 5000
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

Change in Cost $ = ₱3000 = ₱0.60 variable Direct Method Power Mainte- Machinin Assembl
cost/unit nance g y
Change in Activity 5000
Direct Cost ₱95,500 ₱50,200 ₱35,000 ₱20,100

Add: Allocated
Cost
Power:

Machining ₱62,075 62,075

65% 13/20

Assembly 33,425

35% 7/20 33,425

Total ₱95,500 (95,500)

Maintenance:

Machining ₱20,080 20,080

40% 2/5

Assembly 30,120 30,120

60% 3/5

Total ₱50,200 (50,200)

19. Allocated cost (95,500) (50,200) 82,155 63,545

Answer: B. ₱62,075 Total Cost - - 117,155 83,645
ACCTG 201 Finals

G02 - Group Activity 2 Comprehensive

Prepared by: Group 4

20. roduct_mix_decisions_make_or_buy_decisions_cost_and_management_ac
counting&b=42&c=45
Pound Sales price Disposal cost NRV at split
Total
s at split off at split off off
x 700 7.5 3.5 4 2800
y 1200 8.5 4 4.5 5400 Mustafaaltawashy. (2013). Service Cost Allocation [PDF file].
z 1600 9 4.5 4.5 7200
Retrieved from https://mustafaaltawashy.files.wordpress.com/2013/06/23-
15400
service-cost-allocation.pdf
Joint cost of product y = $ (5400/15400) x 4100
= 1438 Harper College.(2015). High-low method [PDF file].

https://www.harpercollege.edu/academics/academic_support/tutoring/subjec
Bibliography ts/pdf/High-Low%20Method%20CR.pdf

Harper College.(2015). High-low method [PDF file].

Harper College.(2015). High-low method [PDF file]. https://www.harpercollege.edu/academics/academic_support/tutoring/subjec
https://www.harpercollege.edu/academics/academic_support/tutoring/subjec ts/pdf/High-Low%20Method%20CR.pdf
ts/pdf/High-Low%20Method%20CR.pdf

Harper College.(2015). High-low method [PDF file].
https://www.harpercollege.edu/academics/academic_support/tutoring/subjec
ts/pdf/High-Low%20Method%20CR.pdf
CPA Diary. (2013). Allocation of Joint Cost and Accounting for By-products
[PDF file]
Retrieved from https://cpadiary.files.wordpress.com/2013/05/chapter-
111.doc

Cost and Management Accounting. (0AD). Retrieved from

https://www.zeepedia.com/read.php?decision_making_choice_of_product_p