Question: Oregon Lumber processes lumber into four product types. During the month of January, joint processing costs were $280,000. Inventory of all products at the beginning

Oregon Lumber processes lumber into four product types. During the month of January, joint processing costs were $280,000. Inventory of all products at the beginning of the month was zero. Production and sales during the month were as follows: Sales value in Product type Production of table feet Selling table feet branch point per board foot 2 x 4' 6,000,000 5,500,000 $0.30 2 x 6' 3,000,000 2,750,000 $0.40 4 x 4' 2,000,000 1,900,000 $0.45 Cut off 1,000,000 950,000 $0.10 Find the value ofthe ending inventory of 2x4' if the breakeven point sales value is used to allocate common manufacturing costs. (-3 13,500 :3 10,500 Q 12,500 C) None of the answers are 00rrect

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