Question: Charleville operates a continuous process producing three products and one by-product. Output from the process for a month was as follows: Product Selling price per

Charleville operates a continuous process producing three products and one by-product. Output from the process for a month was as follows:

Product

Selling price per unit

United of output from process

1

18

10 000

2

25

20 000

3

20

20 000

4(by-product)

2

3 500

Total output costs were 277 000.

What was the unit valuation for product 3 using the sales revenue basis for allocating joint cost?



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