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10) Sugar Cane Company processes sugar beets into three products. During April, the joint costs of processing were $125,000. Production and sales value information for
10) Sugar Cane Company processes sugar beets into three products. During April, the joint costs of processing were $125,000. Production and sales value information for the month were as follows: Product Units Produced Sales Value at Split off Point Separable costs Sugar Sugar Syrup Fructose Syrup 6,000 4,000 2,000 $80,000 70,000 50,000 $12,000 32,000 16,000 Required: Determine the amount of joint cost allocated to each product if the sales value at split off method is used
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