Mathematics · Cost Accounting
Two products G and H are created from a joint process with total joint production costs of $384,000. Product G is sold immediately after split-off (412,000 units produced; 400,000 sold at $0.84/unit). Product H undergoes further processing at a cost of $159,600 (228,000 units produced; 200,000 sold at $1.82/unit). Using the physical unit method for apportioning joint production costs, what was the cost value of the closing inventory of product H?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$45,181
- 2$40,264
- 3$37,520
- 4$36,400✓
Correct answer
$36,400
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