Question: Joint products A and B emerge from common processing that costs $102,000 and yields 2,600 units of Product A and 1,400 units of Product B.

Joint products A and B emerge from common processing that costs

Joint products A and B emerge from common processing that costs $102,000 and yields 2,600 units of Product A and 1,400 units of Product B. Product A can be sold for $140 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 your intermediate calculations.) Multiple Choice o $58,000 o $63,000 $68,000 o $65,500

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