Sell or process further) Penicheiro Clothing produces precut fabrics for three products: dresses, jackets, and blouses from a joint process. Joint cost is al¬ located on the basis of relative sales value at split-off. Rather than sell the products at split-off, the company has the option to complete each of the products. Information related to these products follows.

a. What amount of joint cost should be allocated to jackets and blouses?

b. What are the sales values at split-off for dresses and jackets?

c. Which products should be processed further? Show computations.

d. If 4,000 jackets are processed further and sold for $67,000, what is gross profit on the sale? LO1.

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Dresses Jackets Blouses Total Number of units produced 5,000 8,000 3,000 16,000 Joint cost allocated $87,000 ? ? $180,000 Sales values at split-off point ? ? $40,000 $300,000 Additional costs of processing further $13,000 $10,000 $39,000 $62,000 Sales values after all processing $150,000 $134,000 $105,000 $389,000