TB MC Qu$.7-38($Algo$)$ Joint costs allocated to product $x$ using the physical measure method: Split

Company

Split Company produces three products $-x,Y,$ and $Z-$ from a joint process. Each product may be sold at the split$-$off point or

processed further. Additional processing requires no special facilities, and production costs of further processing are entirely

variable and traceable to the products involved. Last year all three products were processed beyond split$-$off. Joint production costs

for the year were $$154,000.$ Sales values and costs needed to evaluate Split's production policy follow.

The amount of joint costs allocated to product $x$ using the physical measure method is $($calculate all ratios and percentages to $4$

decimal places, for example $33\mathrm{.}3333\%,$ and round all dollar amounts to the nearest whole dollar$)$:

Multiple Choice

$$59,600.$

$$26,800.$

$$30,800.$

$$92,400.$

$$61,600.$