Question: After allocating the joint process costs to its two joint products, Waterway Co . reports gross margin percentages of 2 5 % for Product A

After allocating the joint process costs to its two joint products, Waterway Co. reports gross margin percentages of 25% for Product A and 35% for Product B. Sales reported for each product were $23,000 for Product A and $65,000 for Product B. Neither of the two products were processed beyond the split-off point. Calculate the total amount of joint costs assigned between the two products.
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 After allocating the joint process costs to its two joint products,

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