Blarney Company manufactures leprechauns and shamrocks from a joint process on a product called Green. For leprechauns,

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Blarney Company manufactures leprechauns and shamrocks from a joint process on a product called Green. For leprechauns, 4,000 units were produced having a sales value at the split-off point of $21,000. For shamrocks, 2,000 units were produced having a sales value at split-off of $14,000. Using the net realizable value method, the portion of the total joint product costs allocated to leprechauns was $12,000.

Compute the total joint product costs before allocation.

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Cost Accounting

ISBN: 9780256257113

4th Edition

Authors: Michael W. Maher, Edward B. Deakin

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