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Data pertaining to a company's joint production for the current period follows: M Quantities produced Market value at split-off point 360 lbs. 360 lbs 270

Data pertaining to a company's joint production for the current period follows: M Quantities produced Market value at split-off point 360 lbs. 360 lbs 270 lbs. $9.00 /lb. $18.00 /lb. Compute the cost to be allocated to Product L for this period's $816 of joint costs if the value basis is used. (Do round intermediate calculations.) Multiple Choice o $326.00 O 0 $576.00 O O $17200 O

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