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Data pertaining to a company's joint production for the current period follows: L Quantities produced 300 lbs. M 150 lbs. Market value at split-off

Data pertaining to a company's joint production for the current period follows: L Quantities produced 300 lbs. M 150 lbs. Market value at split-off point $ 9 /lb. $ 18 /lb. Compute the cost to be allocated to Product L for this period's $864 of joint costs if the value basis is used. (Do not round intermediate calculations.) Multiple Choice $682. $432. $934. ) $278.

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