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Company manufactures three products from a joint process. Joint costs for the year amount to $500,000. The following data are available: Product Number of Units
Company manufactures three products from a joint process.
Joint costs for the year amount to
$500,000. The following data are available:
Product Number of Units Produced Sales Price Per Unit
A 5,000 $ 6
B 4,000 $10
C 1,000 $10
In addition, the following weights were
available:
Product Number of Units Produced Weight Per Unit
A 5,000 10 pounds
B 4,000 20 pounds
C 1,000 30 pounds
Required:
Using the relative-sales-value method, determine the amount of
joint costs allocated to each product.
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