Multiple Choice
Joint products A and B emerge from common processing that costs $200,000 and yields 2,000 units of Product A and 1,000 units of Product B.Product A can be sold for $100 per unit.Product B can be sold for $120 per unit.How much of the joint cost will be assigned to Product A if joint costs are allocated on the basis of relative sales values? (Do not round intermediate calculations.)
A) $75,000
B) $125,000
C) $100,000
D) $133,333
Correct Answer:
Verified
Correct Answer:
Verified
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