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Hibernation Company Incurred $500,000 to Manufacture the Following Products in a Joint

Question 39

Multiple Choice

Hibernation Company incurred $500,000 to manufacture the following products in a joint process:  Selling Price  Product  Units Produced  Weight per Unit  per Unit I1,25081bs.$5J2,50061bs.10K3,7504 lbs. 10L5,00021bs.5\begin{array} { | c | c | c | c | } \hline & & & \text { Selling Price } \\\hline \text { Product } & \text { Units Produced } & \text { Weight per Unit } & \text { per Unit } \\\hline \mathrm { I } & 1,250 & 81 \mathrm { bs } . & \$ 5 \\\hline \mathrm { J } & 2,500 & 61 \mathrm { bs } . & 10 \\\hline \mathrm { K } & 3,750 & 4 \text { lbs. } & 10 \\\hline \mathrm { L } & 5,000 & 21 \mathrm { bs } . & 5 \\\hline\end{array} How much joint cost would be allocated to Product I based on the physical units method?


A) $50,000
B) $450,000
C) $33,333
D) $500,000

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