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Business, 10.12.2019 06:31 fdougie111

Anderson compounds produces two industrial chemical compounds, gorp and gumm, from the same process, which last year, cost $480,000. anderson produced 20,000 pounds of gorp, which sells for $60 per gallon and 60,000 gallons of gumm, which sells for $30 per gallon. after the split-off point, gorp required additional processing costing $300,000 to make it salable. using the adjusted sales method, how much of the joint cost should be allocated to gorp? select one: a. $120,000b. $320,000c. $160,000d. $192,000

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