Company X processes wood to obtain two products, B and C. The following information was collected for the month of December: Production and sales of B: 13000 tons Production and sales of C: 17000 tons Selling price of B: $2.00 per ton Selling price of C: $5.50 per ton Separable costs of B: $15658 Separable costs of C: $34900 The costs of purchasing wood and processing it up to the split-off point to yield a total of 30000 tons of saleable product was $52175. The company uses NRV method to allocate joint costs. How much is the gross margin of C for the month under analysis?

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Company X processes wood to obtain two products, B and C. The following information was collected for

the month of December:

The

costs of purchasing wood and processing it up to the

split-off point to yield a total of 30000 tons of saleable product was $52175.

The

company uses NRV method to allocate joint costs.

How much is the gross

margin of C for the month under analysis?

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