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

Multiple Choice

Data pertaining to a company's joint production for the current period follows: $\begin{array}{llcc} & \text { L } & \text { M } \\ \text { Quantities produced } &200 \text {Ibs}&150 \text {Ibs}\\ \text { Market value at split-off point } &\$8/ \text {Ib}&\$16/ \text {Ib}\\\end{array}$
Compute the cost to be allocated to Product M for this period's $660 of joint costs if the value basis is used.

A) $264.
B) $396.
C) $330.
D) $1,364.
E) $796.