Question: please give correct Answer as soon as possible Question: 17A company produces two main products and a by-product out of a joint process. The ratio

 please give correct Answer as soon as possible Question: 17A company

please give correct Answer as soon as possible

Question: 17A company produces two main products and a by-product out of a joint process. The ratio of output quantities to input quantities of direct material used in the joint process remains consistent from month to month. The company has employed the physical-volume method to allocate joint production costs to the two main products, The net realizable value of the by-product is used to reduce the joint production costs before the joint costs are allocated to the main products. Data regarding the company's operations for the current month are presented in the chart below. During the month, the company incurred joint production costs of $2,520,000. The main products are not marketable at the split-off point and, thus, have to be processed further. First Second Main Main By- Product Product product Monthly output in pounds 90,000 150,000 60,000 elling price per pound 530 $14 $2 eparable process costs $540,000 $660,000 The amount of joint production cost that the company would allocate to the Second Main Product by using the physical-volume method to allocate joint production costs would be

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