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What were the joint production costs apportioned to product

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In a process where there are no work-in-progress inventories, two joint products (J and K) are created. Information (in units) relating to last month are as follows:

Product                          Sales           Opening in inventory of finished goods             closing inventory of finished goods

J                                6,000                                100                                                 300

K                                4,000                              400                                                        200

Joint production costs last month were $110,000 and these were apportioned to joint products based on the number of units produced.

Question 1: What were the joint production costs apportioned to product J for last month?

Reference no: EM132605972

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