Question: Jack's Lumber produces lumber from pine forests. Processing one batch creates two joint products - Grade A lumber and Grade B lumber - at a
Jack's Lumber produces lumber from pine forests. Processing one batch creates two joint productsGrade A lumber and Grade B
lumberat a cost of $ During production, board feet of Grade A lumber are produced, and can be sold at a price of
$ per board foot. In addition, one batch produces board feet of Grade B lumber, which can be sold at $ per board
foot. Jack's Lumber accounts forjoint costs using the sales value at splitoff method.
Required:
What is the total profit per batch for Grade A lumber? Note: Do not round intermediate calculations. Round final answer to the nearest whole dollar.
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