Multiple Choice
Firm X has a production process that has a total joint cost of $15,000.At the split-off point, there are 2,000 pounds of Product 1 and 3,000 pounds of Product 2.What is the cost per pound of Product 1 using the physical measure method?
A) $2.50.
B) $3.00.
C) $3.50.
D) $4.00.
Correct Answer:
Verified
Correct Answer:
Verified
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