Determine the amount of joint cost allocated to each


Zenon Chemical, Inc. processes pine rosin into three products: turpentine, paint thinner, and spot remover.  During May, the joint costs of processing were $240,000.  Production and sales value information for the month is as follows:

 

Question: Determine the amount of joint cost allocated to each product if the physical-measure method is used.  (10points)  

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Finance Basics: Determine the amount of joint cost allocated to each
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