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Business, 21.04.2020 22:35 uglyturtle15

Wisteria Corp. produces two products—face soap and body soap—by a joint process. The company incurred a joint cost of $160,000. During the month 15,000 units of face and 25,000 units of body were produced. The company sells face soap at a unit sales price of $25 and body soap at a unit sales price of $30. During the month, the Company sold 12,000 units of face and 20,000 units of body. Determine the value of ending inventory of face and body soap using the physical measure method. Assume there was no beginning inventory.

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