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Data Pertaining to a Company's Joint Production for the Current

Question 40

Multiple Choice

Data pertaining to a company's joint production for the current period follows:
A B
Quantities produced…………………. 200 lbs.100 lbs.
    Processing cost after
Products are separated…………….. $1,100 $400
Market value at point
Of separation………………………. $8/lb. $16/lb.
Compute the cost to be allocated to Product A for this period's $660 of joint costs if the value basis is used.


A) $330.00.
B) $440.00.
C) $220.00.
D) $194.12.
E) $484.00.

Correct Answer:

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