Joint Products a and B Emerge from Common Processing That

question 79

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 intermediate calculations.)

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