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| B3.2- 6.Two products (P and Q) are created from a joint process. Both products can be sold immediately after split-off. There are no opening inventories or work-in-progress. The following information is available for last period:
Total joint production costs $388,080 Product Production Units Sales Units Selling price per unit X 24,000 20,000$10 Y 20,000 16,000$12 Using the sales value method of apportioning joint production costs, what was the value of the closing inventory of product Q for last period? A. $34,496 B. $35,280 C. $38,016 D. $38,808 |
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