Allocate joint costs on the basis of assigned weights. (Obj. 4). At the output of the Steaming Department of Cambridge Corporation, the two joint products must be physically separated. Because of the physical characteristics of one of the products, the separation is quite difficult and requires a great deal of labor. As a result, management

£ind the cost accountant have decided to allocate joint costs on the basis of physical units (pounds) but to assign to each pound of Rawhide a factor of 1.5, and to each pound of the second product, Toppro, a factor of 1. During the month of November 19X9, 5,200 pounds of Rawhide and 4,800 pounds of Toppro were produced. Total joint costs were $16,800. Compute the total cost and the cost per pound to be allocated to each of the products. LO.1