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Alpha Company manufactures products XX-1 and XX-2 from a joint process. Total joint costs are $510,000. The sales value at split-off was $550,000 for 6,000
Alpha Company manufactures products XX-1 and XX-2 from a joint process. Total joint costs are $510,000. The sales value at split-off was $550,000 for 6,000 units of product XX-1 and $130,000 for 3,000 units of product XX-2. Required: Assuming that total joint costs are allocated using the net realizable value at split-off approach, what amount of the joint costs was allocated to product XX-1? (Do not round intermediate calculations)
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