Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows
Joint Cost | Cereal | Quantity at Split-Off Point | Sales Price per Kilogram |
$30,000 | Yummies | 12,000kilograms | $2.00 |
| Crummies | 8,000kilograms | 2.50 |
Required: Use the physical - units method to allocate the company's joint production cost between yummies and crummies
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