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Data Pertaining to a Company's Joint Manufacturing Process for the Current

question 153

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Data pertaining to a company's joint manufacturing process for the current period follows:  Product  Product AB Quantities produced 200lbs.100lbs. Processing cost after  products are separated $1,100$400 Market value at point  of separation $8/1 b$16/1 b.\begin{array}{lcc}&\text { Product }&\text { Product }\\& \underline { A }& \underline { B }\\\text { Quantities produced } & 200 \mathrm{lbs} . & 100 \mathrm{lbs} . \\\begin{array}{c}\text { Processing cost after } \\\text { products are separated }\end{array} & \$ 1,100 & \$ 400 \\\begin{array}{l}\text { Market value at point } \\\text { of separation }\end{array} & \$ 8 / 1 \mathrm{~b} & \$ 16 / 1 \mathrm{~b} .\end{array} What cost amount should be allocated to Product A for this period's $660 of joint costs on the basis of market value at the point of separation?


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