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Joint Product Costing-Market Value Method. Hatteras Corporation manufactures products W, X. Y, and Z from a joint process. Additional information follows: 8-3 If Processed Further

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Joint Product Costing-Market Value Method. Hatteras Corporation manufactures products W, X. Y, and Z from a joint process. Additional information follows: 8-3 If Processed Further Value atAdditional Market Value Market Units Product Produced Split-Off Cost 80,000 7,500 $9 60,000 40,000 20,000 18,000 $200,000 6,000 5,000 4,000 3,000 70,000 50,000 30,00 $20,000 $240,00 6,000 4,000 2,500 Total Required: Assuming that the market value method is used, allocate a share of the tota joint production cost of $150,000 to each product

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