Solved

Foster Company Incurred $200,000 to Manufacture the Following Products in a Joint

Question 39

Multiple Choice

Foster Company incurred $200,000 to manufacture the following products in a joint process:  Praduct  Units Praduced  Weieht per Unit  Selling Price  per Unit  I 5008kgs$5 J 1,0006kgs10 K 1,5004kgs10 L 2,0002kgs5\begin{array} { c c c c } \text { Praduct } & \text { Units Praduced } & \text { Weieht per Unit } & \begin{array} { c } \text { Selling Price } \\\text { per Unit }\end{array} \\\text { I } & 500 & 8 \mathrm { kgs } & \$ 5 \\\text { J } & 1,000 & 6 \mathrm { kgs } & 10 \\\text { K } & 1,500 & 4 \mathrm { kgs } & 10 \\\text { L } & 2,000 & 2 \mathrm { kgs } & 5\end{array}
- How much joint cost would be allocated to Product K based on the total sales value method?


A) $13,334
B) $26,666
C) $60,000
D) $80,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions