How much of the joint cost will be assigned to product b

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Joint products A and B emerge from common processing that costs $240,000 and yields 2,000 units of Product A and 1,000 units of Product B. Product A can be sold for $100 per unit. Product B can be sold for $50 per unit.

Problem 1: How much of the joint cost will be assigned to Product B if joint costs are allocated on the basis of relative sales values?

Problem 2: What is Product B's profit if joint costs are allocated on the basis of relative sales values?

Problem 3: How much of the joint cost will be assigned to Product B if joint costs are allocated on the basis of number of units produced?

Problem 4: What is Product B's profit if joint costs are allocated on the basis of number of units produced?

Reference no: EM132804779

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