QUESTION:

Wright Company produces two products from a joint batch process. Both products are processed further before they are sold. Joint costs per batch are $$350,000.$ Information for each product includes:

Product $x$ Product $Y$

Units produced per batch $,10,000,20,000$

Further processing and marketing cost per unit $$2\mathrm{.}50,$$$1\mathrm{.}75$

Final sales value per unit $,$$$5\mathrm{.}00,$$$3\mathrm{.}00$

If Wright uses the net realizable value method of allocating joint costs, how much of the joint costs should be allocated to Product Y$?$