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Webstercompany produces 25,000 units of product A, 20,000 units of product B and 10,000 units of product C from same manufacturing process at cost of

Webstercompany produces 25,000 units of product A, 20,000 units of product B and 10,000 units of product C from same manufacturing process at cost of $340,000. Other Details:

  1. Product A & B = Joint Products
  2. Product C= By Product
  3. Unit selling prices: $30 (A), $25 (B) and $1 (C)
  4. No Separable cost for any products
  5. Units Sold: 18,000 (A), 19,000 (B) and 10,000(C)
  6. Firm uses Net Realization Method to allocate joint costs and by product.
  7. Assume no beginning inventory

Question: What is the value of the ending inventory of Product A & B?

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