Joint products Alpha and Beta emerge from common processing that costs $200,000 and yields 9,000 units of Product Alpha and 5,600 units of Product Beta. Product Alpha can be sold for $150 per unit. Product Beta can be sold for $90 per unit. What amount of the joint costs will be assigned to Product Beta if joint costs are allocated on the basis of number of units produced

the amount of the joint cost allocated is $76,712.32

Explanation:

The computation of the amount of the joint cost allocated is shown below"

= Processing cost × beta units ÷ (alpha units + beta units)

= $200,000 × 5,600 units ÷ (9,000 units + 5,600 units)

= $76,712.32

Hence, the amount of the joint cost allocated is $76,712.32

answer; ///the correct answer is (ftc) federal trade commission;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.