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Required information SB The following information relates... [The following information applies to the questions displayed below.] The following information relates to a joint production
Required information SB The following information relates... [The following information applies to the questions displayed below.] The following information relates to a joint production process for three products, with a total joint production cost of $195,000. There are no separable processing costs for any of the three products. Sales Value Units at Product at Split-off Split-Off 1 $253,500 380 2 97,500 1,140 3 39,000 2,280 $390,000 3,800 Brief Exercise 7-18 [LO 7-6] What percentage of joint cost is allocated to each of the three products using the physical units method? Percent of Sales Units Product 1 % 2 % 3 %
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