Question
In a joint process, Texas Lumbers produces two products:: Short Boards and Medium Boards. Joint processing costs for this quarter's production cycle are $8,000.
In a joint process, Texas Lumbers produces two products:: Short Boards and Medium Boards. Joint processing costs for this quarter's production cycle are $8,000. Disposal Sales price cost per Further per yard at yard at processing Final sale price per Yards split-off split-off per yard yard Short 1,500 $6.00 $3.50 $1.00 $ 7.50 Boards Medium 2,200 9.00 5.00 3.00 11.25 Boards If Short Boards and Medium Boards are processed further, no disposal costs will be incurred or such costs will be borne by the buyer. Using a physical measure method, what amount of joint processing cost is allocated to Medium Boards(round to the nearest dollar)? $4,000 O $3,243 O $5,500 O $4,757
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