If the sales value at splitoff method is used, what are the approximate joint costs assigned to ending inventory for paper?
A)$28.58
B)$100.00
C)$870.00
D)$1,500.00

Question

Quizplus · Accepted Answer

The sales value at splitoff method assigns joint costs based on the relative sales value of each product at the splitoff point. The given choice A ($28.58) is the most reasonable approximation for the joint costs assigned to ending inventory for paper, assuming it reflects the proportionate sales value.

If the Sales Value at Splitoff Method Is Used, What