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10 5 points Split Company produces three products-X, Y, and Z-from a joint process. Each product may be sold at the split-off point or
10 5 points Split Company produces three products-X, Y, and Z-from a joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Last year all three products were processed beyond split-off. Joint production costs for the year were $138,000 Sales values and costs needed to evaluate Split's production policy follow Book Product Units Produced Sales Value at Split Off If Processed Further Sales Value Additional Costs x 24,000 $ 44,500 Ask Y 13,000 PM 2 3,000 28,500 34,000 $ 102,500 53,500 $ 5,700 12,000 48,000 15,000 References The amount of joint costs allocated to product 2 using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example 33 3333%, and round all dollar amounts to the nearest whole dollar) Multiple Choice
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