Differential Chemical Produced 10,000 Gallons of Preon and 20,000 Gallons

question 137

Multiple Choice

Differential Chemical produced 10,000 gallons of Preon and 20,000 gallons of Paron.Joint costs incurred in producing the two products totaled $7,500.At the split-off point,Preon has a market value of $6.00 per gallon and Paron $2.00 per gallon.Compute the portion of the joint costs to be allocated to Preon if the value basis is used.

• A)$2,500.
• B)$3,000.
• C)$4,500.
• D)$5,625.
• E)$1,500.

---

Definitions:

Psychometric Approach

A method in psychology that focuses on the design, administration, and interpretation of quantitative tests for the measurement of psychological variables such as intelligence, personality traits, and abilities.

Case Study Research

An in-depth examination of an individual or group to explore the causes of underlying principles or phenomena.

Survey Research

A method of collecting data from a predefined group of respondents to gain information and insights on various topics of interest.

Naturalistic Observation

A research strategy where people are observed in their untouched environmental conditions, free from any manipulation by the researcher.