1 Joint Cost AllocationMarket Value at Split off Method Man OFort Inc produces two different styles of door handles, standard and curved The door handles go through a joint production molding process costing $28,000 per batch and producing 2,000 standard door handles and 1,000 curved door handles at the split off point Both door handles undergo additional production processes after the split off point, but could be sold at that point the standard style for $2 per door handle and the curved style for $1 per door handle Determine the amount of joint production costs allocated to each style of door handle using the market value at split off method Joint Product Allocation Standard door handle $ Curved door handle Totals $ 2 Support Department Cost AllocationDirect Method Yo Down Inc produces yogurt Information related to the companys yogurt production follows Production Department 1 Production Department 2 Production Department 3 Support Department 1 cost driver 1,000 100 900 Support Department 1s costs total $140,000 Using the direct method of support department cost allocation, determine the costs from Support Department 1 that should be allocated to each production department Production Department 1 Production Department 2 Production Department 3 Support Department 1 cost allocation $ $ $

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1. Joint Cost AllocationMarket Value at Split-off Method Man OFort Inc. produces two different styles of door handles, standard and curved. The door handles go

Joint Cost AllocationMarket Value at Split-off Method

Man OFort Inc. produces two different styles of door handles, standard and curved. The door handles go through a joint production molding process costing $28,000 per batch and producing 2,000 standard door handles and 1,000 curved door handles at the split-off point. Both door handles undergo additional production processes after the split-off point, but could be sold at that point: the standard style for $2 per door handle and the curved style for $1 per door handle.

Determine the amount of joint production costs allocated to each style of door handle using the market value at split-off method.

Joint Product	Allocation
Standard door handle	$
Curved door handle
Totals	$

2. Support Department Cost AllocationDirect Method

Yo-Down Inc. produces yogurt. Information related to the companys yogurt production follows:

	Production Department 1		Production Department 2		Production Department 3
Support Department 1 cost driver	1,000		100		900

Support Department 1s costs total $140,000. Using the direct method of support department cost allocation, determine the costs from Support Department 1 that should be allocated to each production department.