The Shanghai Company produces joint products A and B, each of which incurs separable production costs after

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The Shanghai Company produces joint products A and B, each of which incurs separable production costs after split-off.

Joint cost before split-off $60,000

Separable Sales

Product Costs Value

A $9,000 $80,000

B $22,000 $40,000

$31,000 $120,000

Required: If costs are assigned using the relative net realizable value, how much of the joint costs should be assigned to joint product A?

Posted Date: May 18, 2024 03:03 AM

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The Shanghai Company produces joint products A and B, each of which incurs separable production costs after

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