Atkinson,Inc. ,manufactures products A,B,and C from a common process.Joint costs were $60,000.Additional information is as follows:
Assuming that joint product costs are allocated using the net realizable value method,what were the total costs assigned to Product B?
A) $26,000.
B) $26,796.
C) $27,000.
D) $28,286.

Question

Atkinson,Inc. ,manufactures products A,B,and C from a common process.Joint costs were $60,000.Additional information is as follows: 
Assuming that joint product costs are allocated using the net realizable value method,what were the total costs assigned to Product B?
A) $26,000. 
B) $26,796. 
C) $27,000. 
D) $28,286.

Quizplus · Accepted Answer

The Answer of Atkinson,Inc. ,manufactures products A,B,and C from a common process.Joint costs were $60,000.Additional information is as follows: 
Assuming that joint product costs are allocated using the net realizable value method,what were the total costs assigned to Product B?
A) $26,000. 
B) $26,796. 
C) $27,000. 
D) $28,286.