Solved: Minix sells for 27100 per unit and miniy sells for 25000, Business Management

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Minix sells for 27100 per unit and miniy sells for 25000

IPS operates a factory, which produces the MiniY and the MiniX. During September 20X8, the factory produced 3200 units of MiniY and 3000 units of MiniX.

The joint cost related to the operation was $3,000,000. MiniX sells for $27,100 per unit and MiniY sells for $25,000 per unit. Allocate the joint costs using the relative sales values of MiniY and MiniX.

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Business Management: Minix sells for 27100 per unit and miniy sells for 25000

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