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Hill company manufactures three products from a joint process. joint costs for the year amounted to $250,000. the following data was available: product units produced

Hill company manufactures three products from a joint process. joint costs for the year amounted to $250,000.

the following data was available:

product units produced sales value at split-off

x 5,000 $70,000

y 3,000 $30,000

z 2,000 $100,000

assume the relative-sales-value method of allocating joint costs is used. what amount of joint costs is allocated to product x?

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