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Firm X has a production process that has a total joint cost of $13,000. At the split-off point, there are 2,000 pounds of Product 1

Firm X has a production process that has a total joint cost of $13,000. At the split-off point, there are 2,000 pounds of Product 1 and 8,000 pounds of Product 2. What is the cost per pound of Product 1 using the physical measure method?

Multiple Choice

$0.80.
$1.30.
$1.80.
$2.30.
$2.05.

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