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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 to make

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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 to make platters and cups. TSC incurred $40,000 of materials cost and $44.000 of labor cost to produce the silver alloy Platters are made first and the residual alloy is removed into a lower grade silver plated material that is used to make the cups. Remixing cost amount to $2,000. The recent batch contained 4.000 platters and 1000 cups. TSC sold the platters for $100.000 and the cups for $12,000 If relative market value is used to allocate the joint cost what is the income eamed for cups? Multiple Choice SL000 525000

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