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1 Joint Cost Allocation-Physical Units Method Blake's Blacksmith Co. produces two types of shotguns; a 12-gauge and 20 -gauge. The shotguns are made through a
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Joint Cost Allocation-Physical Units Method Blake's Blacksmith Co. produces two types of shotguns; a 12-gauge and 20 -gauge. The shotguns are made through a joint production process that-ultimately produces 24.12gauge shotguns and 6.20-gauge shotguns and costs a-total of $4,200 per batch. After the splitoff point, each type of shotgungoes through an additional crafting process before it is sold. The additional production process of the f2. gaugeshotgun costs $24 per gun, after which it is. 5old for $178 per gun. The additional production process of the 20 -gauge shotgun costs $28 per gun, after which it is sold for $154 per gun. Determine the amount of foint production costs allocated to each type of shotgun usirig the physical units method Step by Step Solution
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