Multiple Choice
Answer the following question(s) using the information below.The Oxnard Corporation processes a liquid component up to the splitoff point where two products, Mr.DirtOut and Mr.SinkClean, are produced and sold.There was no beginning inventory.The following material was collected for the month of January: 
The cost of purchasing 250,000 litres of direct materials and processing it up to the splitoff point to yield a total of 242,500 litres of good product was $380,000.
-When using a physical volume measure, what is the approximate amount of joint costs that will be allocated to Mr.DirtOut and Mr.SinkClean?
A) $231,116 and $148,884
B) $224,200 and $155,800
C) $227,202 and $152,798
D) $155,800 and $224,200
E) $148,884 and $231,116
Correct Answer:
Verified
Correct Answer:
Verified
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