Question: Joint products A and B emerge from common processing that costs $102,000 and yields 2,100 units of Product A and 1,100 units of Product B.

Joint products A and B emerge from common processing that costs $102,000 and yields 2,100 units of Product A and 1,100 units of Product B. Product A can be sold for $110 per unit. Product B can be sold for $130 per unit. How much of the joint cost will be assigned to Product A if joint costs are allocated on the basis of relative sales values? (Do not round intermediate calculations.) Multiple Choice $58,000 $53,000 $60.500 $63,000

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