Ford Coley company processes raw material in Department 1 from which come two main products, A and B, and a by-product, C. A is further processed in Department 2, B in Department 3, and C in Department 4. The sales of the by-product reduces the cost of the main products, and sales value is used to allocate joint costs. Dept 1 Dept 2 Dept 3 Dept 4 Cost Incurred: P90,000 P10,000 P8,000 P10,000 Production: A 10,000lbs. 20,000lbs. B C 10,000lbs. Selling Price: A P10/lb. B P5/lb. P2/lb. C Compute the unit cost of B