Impacto Corporation Produces Four Products in a Joint Process for $650,000

question 44

Multiple Choice

Impacto Corporation produces four products in a joint process for $650,000. The following information is available on total sales and production in units: $\begin{array}{lll}\text { Products }& \text { Sales }& \text { Production }\\\mathrm{I} & 1,000 & 4,000 \\\text { L } & 2,000 & 5,000 \\\text { E } & 3,000 & 7,000 \\\text { S } & 4,000 & 8,000\end{array}$ What amount of joint costs will be allocated to I based on the physical units method?

• A)$100,000
• B)$650,000
• C)$108,355
• D)$300,000

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