Recyclers, Inc. reprocesses paper and obtains 2 main products, a by-product and a waste. By-product revenues are treated as a reduction in joint costs. During the period 1,000 tons were processed at a cost of $12,000 for materials and processing, resulting in the following:
If the firm allocates joint costs to the main products using the sales value at split-off point method, how much will be allocated to Main-2?
A) $5,556
B) $4,545
C) $5,333
D) $6,666
Correct Answer:
Verified
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