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Check my work Differential Chemical produced 12,000 gallons of Preon and 16,000 gallons of Paron. Joint costs incurred in producing the two products totaled $6,800.

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Check my work Differential Chemical produced 12,000 gallons of Preon and 16,000 gallons of Paron. Joint costs incurred in producing the two products totaled $6,800. At the split-off point, Preon has a market value of $6.00 per gallon and Paron $3.00 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used. Multiple Choice $3,400. $1,360. $2,720 $6,245. $4,080

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