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The Mallak Company produced three joint products at a joint cost of $208,600. Two of these products were processed further. Production and sales were: Weight
The Mallak Company produced three joint products at a joint cost of $208,600. Two of these products were processed further. Production and sales were:
Weight | Sales | Addtl. Processing Costs | ||||||
P | 462,000 | lbs. | $ | 369,600 | $ | 277,200 | ||
Q | 210,000 | lbs. | 63,000 | -0- | ||||
R | 210,000 | lbs. | 367,500 | 210,000 | ||||
If joint costs are allocated based on relative weight of the outputs and all products are main products, how much of the joint costs would be allocated to product P?
$109,267.
$111,767.
$99,267.
$93,017.
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