The total joint cost of a process is £1,800. This gives an output of 700 kilos of Product X and…

The total joint cost of a process is £1,800. This gives an output of 700 kilos of Product X and 300 kilos of Product Y. The selling price of Product X is £2.40 per kilo and of Product Y £2.60 per kilo. Apportion the joint costs by using the physical units base and calculate the prof it/sales percentage.