Lipex Pty Ltd produces two products (A and B) from a particular joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Joint production costs for the year were $60 000. Sales values and costs are as follows. 
Allocate the joint production costs based on the physical units method. What are the joint costs assigned to product B?
Definitions:
Volts
Volts are the unit of electric potential and electric potential difference in the International System of Units (SI), indicating the force that drives electric current between two points.
Parallel Circuit
In electricity, any circuit that has two or more paths for current flow.
Total Circuit Resistance
The sum of all resistive elements within an electrical circuit, affecting the overall current flow and energy consumption.
Ohm's Law
A fundamental principle in electronics stating that the current through a conductor between two points is directly proportional to the voltage across the two points.
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