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Compute what amount of joint cost is allocated

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MediaForum has three operating groups: Games, News, and Documentaries. In May, the company incurred $43,200,000 of joint cost for facilities and administration. May revenues and separate costs of each group are as follows:

                                              Games               News              Documentaries

Revenue                      $61,272,000         $55,296,000       $340,776,000
Separate costs              55,872,000           29,376,000            199,296,000

Problem a. What amount of joint cost is allocated to each operating group using the profit before joint cost allocation as the basis for allocation?

Reference no: EM132756075

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