Mathematics · Joint Product Costing
A project has a single joint process that produces two products, A and B. Total joint costs were $10,000. Output was 500 units of A and 500 units of B. Product A sells for $15 per unit and B sells for $25 per unit. Using the sales value method for apportionment, what is the joint cost allocated to Product A?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$7,500
- 2$3,750✓
- 3$5,000
- 4$4,000
Correct answer
$3,750
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