X Company produces three products: Product A, Product B, and Product C. During the year the joint costs of processing the three products were $40,000. Production and sales value information were as follows: Product Units Separable Costs Selling Price A 400 $ 20 per unit $40 per unit B 400 $ 15 per unit $28 per unit 800 $14 per unit $17 per unit According to the physical output method what would be the joint cost of product A, B and C a. Product A B C Units 400 400 800 Joint cost 1,000 1,000 2,000 O b. Product A B Units 400 400 800 Joint cost 8,000 12,000 20,000 C. Product A B Units 400 400 800 Joint cost 12,000 10,000 18,000 O d. Product A B Units 400 400 800 Joint cost 10,000 10,000 20,000 According to the net realizable value (NRV) method what would be the joint cost of product A, B and C a. Product A B Units 400 400 800 NRV 20 per unit 8,000 15 per unit 12,000 5 per unit 20,000 Joint cost b. Product A B Units 400 400 800 NRV 20 per unit 15 per unit 5 per unit Joint cost 17,777 13,333 8,890 C. Product B Units 400 400 800 NRV 20 per unit 15 per unit 10,000 5 per unit 18,000 Joint cost 12,000 o d. Product A B Units 400 400 800 NRV 5 per unit 20 per unit 20,000 15 per unit 10,000 Joint cost 10,000