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Required information [The following information applies to the questions displayed below.) Snake River Sawmill manufactures two lumber products from a joint milling process. The two
Required information [The following information applies to the questions displayed below.) Snake River Sawmill manufactures two lumber products from a joint milling process. The two products developed are mine support braces (MSB) and unseasoned commercial building lumber (CBL). A standard production run incurs joint costs of $500,000 and results in 80,000 units of MSB and 110,000 units of CBL. Each MSB sells for $6, and each unit of CBL sells for $14. Required: 1. Calculate the amount of joint cost allocated to commercial building lumber (CBL) on a physical-units basis. (Round the calculation of "Relative Proportion" to the nearest whole percent. Round your final answers to the nearest dollar amount.) Joint cost allocated to CBL
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