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Benjamin Company Benjamin Company produces two products from a joint process: X and Z. Joint processing costs for this production cycle are $8,000. Sales
Benjamin Company Benjamin Company produces two products from a joint process: X and Z. Joint processing costs for this production cycle are $8,000. Sales price Disposal Further Final sale per yard at cost per yard at processing price per Yards X 1,500 Z 2,200 split-off $6.00 9.00 split-off $3.50 5.00 per yard $1.00 3.00 yard $7.50 11.25 Refer to Benjamin Company. Using approximated net realizable value at split- off, what amount of joint processing cost is allocated to Product Z (round to the nearest dollar)? Select one: a. $2,796 b. $4,910 c. $2,390 d. $4,000
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