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Question - Bennett Company produces two products from a joint process: A and C. Joint processing costs for this production cycle are $9,000.
Yards
Sales price per yard at split-off
Disposal cost per yard at split-off
Further processing per yard
Final sale price per yard
A
1,800
$7.00
$4.50
$1.50
$8.00
C
2,600
10.00
6.00
3.50
12.25
If A and C are processed further, no disposal costs will be incurred or such costs will be borne by the buyer.
Refer to Bennett Company. Using a physical measure, what amount of joint processing cost is allocated to Product C (round to the nearest dollar)?
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