The CMA Manufacturing Company produces three products: C, M, and A in its manufacturing process. After split-off, these products are further processed separately. Additional information is as follows:

Total manufacturing costs incurred before the split-off point was \(\$ 15,000\).

{Required:}
Using the relative sales values at split-off, determine the joint cost allocated to each product.
Joint Cost Allocation

Transcribed Image Text:

Products Units Produced C 100 M 100 A 200 Additional Processing Cost Unit Selling Price $1,000 $100 3,000 120 7,000 80