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Lowden Company produces products X, Y, and Z from a joint production process. Each product may be sold at the split-off point or processed further. Joint production costs of $132,000 per year are allocated to the products based on the relative number of units produced. Data for Lowden Company's operations for last year follow:
Product
Units Produced
Sales values at split-off
Sales values
Added costs*
X
3,000
$82,000
$110,000
$30,000
Y
6,000
$60,000
$112,000
$48,000
Z
2,000
$32,500
$50,000
$16,000
All variable and traceable to the products involved
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