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14.Garfield Company processes copper ore into two products, C and U. The ore costs $5 per pound and conversion costs are $15 per pound. Garfield

14.Garfield Company processes copper ore into two products, C and U. The ore costs $5 per pound and conversion costs are $15 per pound. Garfield Company plans to produce 40,000 pounds of C and 20,000 pounds of U from 60,000 pounds of ore. C sells for $30 per pound and U sells for $40 per pound. Assuming the physical-units method of allocating joint costs, the amount of joint costs to product C would be:

Select one:

a. $800,000.

b. $600,000.

c. $0.

d. $200,000.

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