The Mallak Company produced three joint products at a joint cost of $143,800. Two of...
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Accounting
The Mallak Company produced three joint products at a joint cost of $143,800. Two of these products were processed further. Production and sales were:
Product
Weight
Sales
Additional Processing Costs
P
354,000
lbs.
$
283,200
$
212,400
Q
138,000
lbs.
41,400
-0-
R
138,000
lbs.
241,500
138,000
If joint costs are allocated based on relative weight of the outputs and all products are main products, how much of the joint costs would be allocated to product P?
a. 70802
b. 83302
c. 64552
d. 80802
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