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The Silver Center ( TSC ) produces cups and platters. TSC purchases silver and other metals that are processed into silver alloy that is used
The Silver Center TSC produces cups and platters. TSC purchases silver and other metals that are processed into silver alloy that is used to make platters and cups. TSC incurred $ of materials cost and $ of labor cost to produce the silver alloy. Platters are made first and the residual alloy is remixed into a lower grade silver plated material that is used to make the cups. Remixing costs amount to $ The recent batch contained platters and cups. TSC sold the platters for $ and the cups for $ If number of units is used to allocate the joint cost, what is the income earned for platters?
Note: Round intermediate calculation to decimal places.
Multiple Choice
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