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A company produced 200 units of Product L and 150 units of Product M during the current period and Incurred Jolnt costs of $852. Product

A company produced 200 units of Product L and 150 units of Product M during the current period and Incurred Jolnt costs of $852. Product L sells for $8 per unit and Product M sells for $16 per unit. Compute the cost to be allocated to Product L for this perlod's Joint costs If the value basis is used. (Do not round Intermedlate calculations.) Multiple Choice $341. $591. $187. $1,364. $1,007

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