The Berkel Corporation manufactures Widgets, Gizmos, and Turnbols from a joint process. June production is 10,000 widgets; 13,500 gizmos; and 15,000 turnbols. Respective per unit selling prices at split-off are $95, $60, and $20. Joint costs up to the split-off point are $187,500. 

What amount of joint costs will be allocated to the Turnbols? (Do not round any intermediary calculations.)

Answer rating: 100% (QA)

Before we begin lets understand a bit about joint cost Joint cost is a managerial accounting term th... View the full answer