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The following information relates to a joint production process for three products, with a total joint production cost of $165,000. There are no separable processing
The following information relates to a joint production process for three products, with a total joint production cost of $165,000. There are no separable processing costs for any of the three products. |
Product | Sales Value at Split-Off | Units at Split-Off | ||||
1 | $ | 181,500 | 320 | |||
2 | 99,000 | 960 | ||||
3 | 49,500 | 1,920 | ||||
$ | 330,000 | 3,200 | ||||
5. value:
0.25 points Required information
What amount of joint cost is allocated to each of the three products using the relative sales value method? |
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