Vreeland,Inc. ,manufactures products X,Y,and Z 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 Y?
A)$26,000.
B)$26,796.
C)$27,000.
D)$28,286.

Question

Vreeland,Inc. ,manufactures products X,Y,and Z 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 Y?
A)$26,000. 
B)$26,796. 
C)$27,000. 
D)$28,286.

Quizplus · Accepted Answer

The Answer of Vreeland,Inc. ,manufactures products X,Y,and Z 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 Y?
A)$26,000. 
B)$26,796. 
C)$27,000. 
D)$28,286.