Mathematics · Cost Accounting
Products A and B are manufactured in a joint process. The following data is available for a period: Joint process costs: $30,000 Output: Product A: 2,000 kg Product B: 4,000 kg Selling price: Product A: $12 per kg Product B: $18 per kg What is Product B's share of the joint process costs if the sales value method of cost apportionment is used?
- 1$7,500
- 2$18,000
- 3$20,000
- 4$22,500✓
Correct answer
$22,500
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