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Joco manufactures two products in a joint process that results in 100,000 units of each product. Product one is sold at splitoff for $9/unit. Product
Joco manufactures two products in a joint process that results in 100,000 units of each product. Product one is sold at splitoff for $9/unit. Product two is processed further at a cost of $6/unit, then sold after processing for $18/unit. Joint costs are $1,665,060.74. Joco uses net realizable value to allocate joint costs.
What are the joint costs allocated to product two (do not round)?
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