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Hibernation Company incurred $500,000 to manufacture the following products in a joint process: Selling Price Product Units Produced Weight per Unit per Unit I 1,250

Hibernation Company incurred $500,000 to manufacture the following products in a joint process:

Selling Price
Product Units Produced Weight per Unit per Unit
I 1,250 8 lbs. $ 5
J 2,500 6 lbs. 10
K 3,750 4 lbs. 10
L 5,000 2 lbs. 5

How much joint cost would be allocated to Product I based on the physical units method?

a.$500,000

b.$50,000

c.$33,333

d.$450,000

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