Breon Beef Company Uses the Relative Market Value Method of Allocating

question 111

Multiple Choice

Breon Beef Company uses the relative market value method of allocating joint costs in its production of beef products.Relevant information for the current period follows:
The total joint cost for the current period was $43,000.How much of this cost should Breon Beef allocate to sirloin?

• A)$ 0.
• B)$ 5,909.
• C)$ 8,600.
• D)$10,750.
• E)$43,000.

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