Hatchett Inc.produces joint products L,M,and N from a joint process.Information concerning a batch produced in May at a joint cost of $75,000 was as follows:
The amount of joint costs allocated to product L using the physical measure method is (calculate all ratios and percentages to 4 decimal places,for example 33.3333%,and round all dollar amounts to the nearest whole dollar):
A)$23,438.
B)$33,434.
C)$40,313.
D)$27,109.
E)$11,250.

Question

Hatchett Inc.produces joint products L,M,and N from a joint process.Information concerning a batch produced in May at a joint cost of $75,000 was as follows: 
The amount of joint costs allocated to product L using the physical measure method is (calculate all ratios and percentages to 4 decimal places,for example 33.3333%,and round all dollar amounts to the nearest whole dollar):
A)$23,438. 
B)$33,434. 
C)$40,313. 
D)$27,109. 
E)$11,250.

Quizplus · Accepted Answer

The Answer of Hatchett Inc.produces joint products L,M,and N from a joint process.Information concerning a batch produced in May at a joint cost of $75,000 was as follows: 
The amount of joint costs allocated to product L using the physical measure method is (calculate all ratios and percentages to 4 decimal places,for example 33.3333%,and round all dollar amounts to the nearest whole dollar):
A)$23,438. 
B)$33,434. 
C)$40,313. 
D)$27,109. 
E)$11,250.