How much of the 76000 joint cost should be allocated to no


A sawmill paid $76,000 for logs that produced 220,000 board feet of lumber in 3 different grades and amounts as follows:

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How much of the $76,000 joint cost should be allocated to No. 2 Common? 

a. $77,000. 
b. $0. 
c. $76,000. 
d. $48,000. 
e.$17,267.

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Managerial Economics: How much of the 76000 joint cost should be allocated to no
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