ALASKA Company manufactures products F, G and W from a joint process. Joint costs are allocated on the basis of relative sales value at split-off. Additional informaton for the June

ALASKA Company manufactures products F, G and W from a joint process.  Joint costs are allocated on the basis of relative sales value at split-off.  Additional informaton for the June 20×1 production activity as follows: F           G           W        Total Units produced                         50,000     40,000   10,000   100,000 Joint costs                                    ?              ?             ?        P450,000 Sales value at split-off         P420,000  P270,000  P60,000 P750,000 Additional costs if processed further                 88,000       30,000    12,000    130,000 Sales value if processed further                                538,000     320,000     78,000    936,000 Assuming that the 10,000 units of W were processed further and sold for P78,000, what was ALASKA’s gross profit on this sale?

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