Charleville operates a continuous process producing three products and one by-product. Output from the process for a month was as follows:
| Product Don't use plagiarized sources. Get Your Custom Essay on charleville operates a continuous process producing three products and one by produc 610050 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | Selling price per unit | United of output from process |
| 1 | £18 | 10 000 |
| 2 | £25 | 20 000 |
| 3 | £20 | 20 000 |
| 4(by-product) | £2 | 3 500 |
Total output costs were £277 000.
What was the unit valuation for product 3 using the sales revenue basis for allocating joint cost?
A £4.70
B £4.80
C £5.00
D £5.10
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