Chemical, Inc. produces three products: D, E, and F. During October, the joint costs of processing were $300,000.
Chemical, Inc. produces three products: D, E, and F. During October, the joint costs of processing were $300,000.
Production and sales value information for the month is as follows:
| Product | Units Produced | Sales Value at Splitoff Point |
| D | 8,000 liters | $50,000 |
| E | 8,000 liters | 60,000 |
| F | 4,000 liters | 25,000 |
Determine the amount of joint cost allocated to each product if the physical-measure method is used.
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