Charleville operates a continuous process producing three products and one by-product. Output from the process for a month was as follows:
|
Product |
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