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Provide the amount of joint cost of each production

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Question - Troglodyte Industries produces two DNA testing products out of a joint process - POR and UVR. The joint (common) costs incurred are $400,000 for a standard production run that generates 75,000 kits of PQR and 40,000 kits of UVR. POR sells for $ 35.00/kit and UVR sells for $40.00/kit. Additional processing costs after the split off point are PQR=$100,000 and UVR - $ 65,000 Provide the amount of joint cost of each production run for the following:

A) Physical Quantity basis

B) Sales Value basis

C) Constant Gross- Margin% NRV basis

Reference no: EM132904889

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