Question
Wren Pork Company uses the value basis method of allocating joint costs in its production of pork products. Relevant information for the current period follows:
Wren Pork Company uses the value basis method of allocating joint costs in its production of pork products. Relevant information for the current period follows:
| Product | Sales Value |
|---|---|
| Loin chops | $ 15,000 |
| Ground | 20,000 |
| Ribs | 19,000 |
| Bacon | 21,000 |
| Total | $ 75,000 |
The total joint cost for the current period was $43,000. How much of this cost should Wren Pork allocate to Loin chops?
Multiple Choice
-
$0.
-
$5,909.
-
$8,600.
-
$10,750.
-
$43,000.
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Human Resource Management
Authors: Robert L. Mathis, John H. Jackson
13th Edition
053845315X, 978-0538453158
