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In its first month of operation, a company processed 70,000 units of raw material into...

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In its first month of operation, a company processed 70,000 units of raw material into 66,500 units of good product. The cost of purchasing the raw material and processing it up to the split-off point was $110,000. Further data are tabulated below. Production volume in units Sales volume in units Price per unit Product A Product B 37,500 29,000 35,000 24,000 $3.40 $2.50 What is the joint cost allocated to Product A per unit under the sales value at split-off method? (Round intermediary percentages to the nearest hundredth and any dollar amounts to cents.) A B $1.65. $1.74. $1.87. $1.95. C D (3 points)

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