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Data pertaining to a company's joint manufacturing process for the current period follows: Product A Product B Quantities produced 200 lbs. 100 lbs. Processing cost
Data pertaining to a company's joint manufacturing process for the current period follows: |
Product A | Product B | |
Quantities produced | 200 lbs. | 100 lbs. |
Processing cost after products are separated | $1,800 | $1,000 |
Market value at point of separation | $8/lb. | $16/lb. |
What cost amount should be allocated to Product A for this period's $1,380 of joint costs on the basis of market value at the point of separation? |
$493
$690
$920
$360
$887
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