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2 production, Inc,processes pine rosin into three products turpentine, paint thinner, and thejoint costs of processing were $100,000. Production and sales value information for the

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2 production, Inc,processes pine rosin into three products turpentine, paint thinner, and thejoint costs of processing were $100,000. Production and sales value information for the month is as follows Units Product Produced Sales Price at Splitoff Point $10 $20 e 5,000 liters nt thinner 5,000 liters remover 10,000 liters $15 Required: ) Determine the amount of joint cost allocated to method is used uct if the physican 4 points Answer: Prodact Units roduced Percentage Joint Costs Allocated upentine int thinner pot remover tals

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