The Mallak Company produced three joint products at a joint cost of $176,200. Two of...
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Accounting
The Mallak Company produced three joint products at a joint cost of $176,200. Two of these products were processed further. Production and sales were:
| Weight | Sales | Addtl. Processing Costs | ||||||
| P | 408,000 | lbs. | $ | 326,400 | $ | 244,800 | ||
| Q | 174,000 | lbs. | 52,200 | -0- | ||||
| R | 174,000 | lbs. | 304,500 | 174,000 | ||||
If the estimated net realizable value method is used and product Q is accounted for as a main product, how much of the joint costs would be allocated to product R?
$75,889.
$78,667.
$87,000.
$99,500.
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