The following information relates to a joint production process for three products, with a total joint production
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Question:
The following information relates to a joint production process for three products, with a total joint production cost of $185,000. There are no separable processing costs for any of the three products. |
Product | Sales Value at Split-Off | Units at Split-Off | ||||
1 | $ | 203,500 | 540 | |||
2 | 92,500 | 1,080 | ||||
3 | 74,000 | 1,980 | ||||
$ | 370,000 | 3,600 | ||||
2. Required information
What amount of joint cost is allocated to each of the three products using the physical units method? |
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