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Business, 25.12.2019 05:31 Itsyourgirllulu

Dock corporation makes two products from a common input. joint processing costs up to the split-off point total $33,600 a year. the company allocates these costs to the joint products on the basis of their total sales values at the split-off point. each product may be sold at the split-off point or processed further. data concerning these products appear below: product x product y total allocated joint processing costs 16,800 16,800 33,600 sales value at split-off point $ 24,000 $ 24,000 $ 48,000 costs of further processing $ 15,000 $ 18,700 $ 33,700 sales value after further processing $ 35,500 $ 45,100 $ 80,600 what is the minimum amount the company should accept for product x if it is to be sold at the split-off point

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