Multiple Choice
Johnson Company Ellis Company produces two products from a joint process: A and C. Joint processing costs for this production cycle are $9,000. If A and C are processed further, no disposal costs will be incurred or such costs will be borne by the buyer.
Refer to Johnson Company. Using approximated net realizable value at split-off, what amount of joint processing cost is allocated to Product C (round to the nearest dollar) ?
A) $4,500
B) $5,986
C) $6,062
D) $6,282
Correct Answer:

Verified
Correct Answer:
Verified
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