Breon Beef Company uses the relative market value method of allocating joint costs in its production of beef products.Relevant information for the current period follows:
The total joint cost for the current period was $43,000.How much of this cost should Breon Beef allocate to sirloin?
A)$ 0.
B)$ 5,909.
C)$ 8,600.
D)$10,750.
E)$43,000.

Question

Breon Beef Company uses the relative market value method of allocating joint costs in its production of beef products.Relevant information for the current period follows:
 The total joint cost for the current period was $43,000.How much of this cost should Breon Beef allocate to sirloin?
A)$ 0. 
B)$ 5,909. 
C)$ 8,600. 
D)$10,750. 
E)$43,000.

Quizplus · Accepted Answer

11ea7277_eda1_f47f_9608_ef1777b7761c_TB2411_00 Sirloin: 20% * $43,000 = $8,600

Breon Beef Company Uses the Relative Market Value Method of Allocating