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Required information [The following information applies to the questions displayed below.] The following information relates to a joint production process for three products, with a total joint production cost of $165,000. There are no separable processing costs for any of the three products. What percentage of joint cost is allocated to each of the three products using the sales value at split-off method? Answer is complete and correct. Required information [The following information applies to the questions displayed below.] The following information relates to a joint production process for three products, with a total joint production cost of $165,000. There are no separable processing costs for any of the three products. What percentage of joint cost is allocated to each of the three products using the physical units method? Required information [The following information applies to the questions displayed below.] The following information relates to a joint production process for three products, with a total joint production cost of $165,000. There are no separable processing costs for any of the three products. Assume that the total sales value at the split-off point for product 1 is $66,000 instead of $181,500 and the sales value of product 3 is 3,300 instead of $49,500. Assume also that, because of its relatively low sales value, the firm treats product 3 as a by-product and ises the asset recognition method for accounting for by-products. What amount of joint cost would be allocated to the products using he sales value at split-off method? Answer is complete but not entirely correct. Required information [The following information applies to the questions displayed below.] The following information relates to a joint production process for three products, with a total joint production cost of $165,000. There are no separable processing costs for any of the three products. ssume that the total sales value at the split-off point for product 1 is $66,000 instead of $181,500 and the sales value of product 3 is 3,300 instead of $49,500. Assume also that the firm treats product 3 as a joint product and uses the net realizable value method for counting for joint costs. There are no separable processing costs for product 3 . What amount of joint costs would be allocated to the ree products using the relative sales value method? (Round your intermediate percentage values to 2 decimal places (i.e. 24.35% ) id final answers to nearest whole dollar amount.)
