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Q4: a) Layz Corporation processes a single material into three separate products X, Y May, the joint costs of processing were $475,000. Production and sales

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Q4: a) Layz Corporation processes a single material into three separate products X, Y May, the joint costs of processing were $475,000. Production and sales value inf month were as follows: Product Separable Costs Units Produced 10,000 15.000 12,500 Final Sales Value per Unit $50 60 24 X $250.000 400,000 150.000 Z Required: Determine the amount of joint cost allocated to each product if the constant gross percentage NRV method is used

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