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What percentage of joint cost is allocated

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Question - The following information relates to a joint production process for three products, with a total joint production cost of $190,000. There are no separable processing costs for any of the three products.

Product

Sales Value at Split-Off

Units at Split-Off

1

$228,000

740

2

95,000

1,295

3

57,000

1,665

 

$380,000

3,700

Required - What percentage of joint cost is allocated to each of the three products using the physical units method?

Reference no: EM133106744

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