Deli Products Produces Two Products,X and Y,in a Single Process

Multiple Choice

Deli Products produces two products,X and Y,in a single process.In the current year,the joint costs of this process were $25,000.In addition,4,000 units of X and 6,000 units of Y were produced.Separable processing costs beyond the split-off point were: X-$10,000; Y-$20,000.X sells for $10.00 per unit; Y sells for $7.50 per unit.
- What is the gross profit of product Y assuming the physical units method is used?

A) $0
B) $10,000
C) $15,000
D) $25,000