Question
The total joint production cost is $135,000. The company uses the relative sales value method to allocate joint costs. Product Sales Value at Split-Off Units
The total joint production cost is $135,000. The company uses the relative sales value method to allocate joint costs.
| Product | Sales Value at Split-Off | Units at Split-Off | ||||
| 1 | $ | 72,500 |
|
| 560 |
|
| 2 |
| 72,500 |
|
| 980 |
|
| 3 |
| 2,900 |
|
| 1,260 |
|
|
|
|
|
|
|
|
|
Calculate the number of joint costs to be allocated to each product (in total, not per unit cost).
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Endangered Economies How The Neglect Of Nature Threatens Our Prosperity
Authors: Geoffrey Heal
1st Edition
0231180845, 9780231180849
