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E.g. In refining crude oil. E.g. Molasses arising in the E.g. Rice & Wheat are agriculture produced,
manufacture of sugar. but they arise from different process.
Important Note:
1. For apportionment of joint cost actual sales is not necessary, joint cost will be apportioned over
the total i.e. expected sales.
2. Closing stock of FG valued at CPU of cost of production.
3. In absence of information about apportionment of joint cost, then use MV at split off point
method. (If information about MV at SOP is given).
4. If MV at SOP is not given then follow Estimated joint cost margin method.
5. *Any loss arising during the stage of processing is also apportioned over the products on the
same basis.
6. # Total joint cost is apportioned.