Question: Joint products A and B emerge from common processing that costs $112,000 and ylelds 3,000 units of Product A and 2,400 units of Product B.

Joint products A and B emerge from common processing that costs $112,000 and ylelds 3,000 units of Product A and 2,400 units of Product B. Product A can be sold for $240 per unit. Product B can be sold for $180 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 $70000 567500 560000

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