Breon Beef Company uses the relative market value method of allocating joint costs in its production of beef products. Relevant information for the current period follows: The total joint cost for the current period was $43,000. How much of this cost should Breon Beef allocate to sirloin?
A) $0.
B) $5,909.
C) $8,600.
D) $10,750.
E) $43,000.

Question

Breon Beef Company uses the relative market value method of allocating joint costs in its production of beef products. Relevant information for the current period follows:  The total joint cost for the current period was $43,000. How much of this cost should Breon Beef allocate to sirloin?
A) $0. 
B) $5,909. 
C) $8,600. 
D) $10,750. 
E) $43,000.

Quizplus · Accepted Answer

The Answer of Breon Beef Company uses the relative market value method of allocating joint costs in its production of beef products. Relevant information for the current period follows:  The total joint cost for the current period was $43,000. How much of this cost should Breon Beef allocate to sirloin?
A) $0. 
B) $5,909. 
C) $8,600. 
D) $10,750. 
E) $43,000.

Breon Beef Company Uses the Relative Market Value Method of Allocating