Question: Firm X has a production process that has a total joint cost of $ 1 3 , 0 0 0 . At the split -

Firm X has a production process that has a total joint cost of $13,000. At the split-off point, there are 1,000 pounds of Product 1 and 3,000 pounds of Product 2. What is the cost per pound of Product 1 using the physical measure method?
Multiple Choice
$2.75.
$3.25.
$3.75.
$4.25.
$4.00.

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