Hatteras Corporation manufactures products W, X, Y, and Z from a joint process. Additional information follows:

Required:
Assuming that the market value method is used, allocate a share of the total joint production cost of $150,000 to each product.

Transcribed Image Text:

Market If Processed Further Value at Additional Market Value Units Product Produced Split-off Cost 60,000 40,000 20,000 18,000 $200,000 6,000 $ 80,000 7,500 6,000 4,000 2,500 $20,000 5,000 4,000 3,000 90,000 70,000 50,000 30,000 $240,000 Total