The joint cost allocated to P under the relative-sales-value method would be:
A)$17,600.
B)$16,400.
C)$24,000.
D)$25,600.
E)some other amount.

Name: The joint cost allocated to P under the relative-sales-value method would be: A)$17,600. B)$16,400. C)$24,000. D)$25,600. E)some other amount.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

The relative-sales-value method allocates joint costs based on the proportion of each product's sales value to the total sales value. Given the options, $17,600 is the correct allocation for P under this method.

The Joint Cost Allocated to P Under the Relative-Sales-Value Method