Joint Products a and B Emerge from Common Processing That

Multiple Choice

Joint products A and B emerge from common processing that costs $150,000 and yields 8,000 units of Product A and 4,000 units of Product B Product A can be sold for $100 per unit. Product B can be sold for $80 per unit. What amount of the joint costs will be assigned to Product B if joint costs are allocated on the basis of number of units produced? (Do not round your intermediate calculations.)

A) $42,857
B) $66,667
C) $50,000
D) $100,000