Question
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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Mileage Log Book
Authors: Easy Mileage Log Books
1st Edition
B0BS8SJQZH, 979-8716491571
