The UFZ Company processes a single material into three separate products: L, M, and N. During October, the joint costs of processing were $215,000. Production and sales value information for the month were as follows: Product Units Produced Sales Value per Unit at SplitOff Final Sales Value per Unit Separable Costs L 1,000 $45 $55 $6,000 M 3,000 $45 $60 $30,000 N 6,000 $30 $35 $16,000 If UFZ allocates joint costs using the physical measure method, how much would be allocated to Products L, M, and N, respectively?

Answer rating: 100% (QA)

To allocate joint costs using the physical measure method we need to allocate the total joint costs ... View the full answer