5) Ridgeline Enterprises produces three products in a joint process. Products A and B are processed further. Additional information is as follows. Sales value at split-off Additional costs if processed further Sales value if processed further Joint Costs Product Weight in pounds Required: Percent Cost Allocated A Percent Cost Allocated A $ $ 250,000 $ 18,000 $ $ 290,000 $ 70,000 $ 168,000 B 30,000 $ 20,000 $300,000 30,000 $ A Total (a) Allocate the joint costs, assuming that all products are joint products and joint-costs are allocated using the physical quantities method. 0 $ 48,000 B 0 $ 360,000 $ 200,000 300,000 32,000 500,000 (b) Allocate the joint costs using the physical quantities method, assuming that product C is considered a by-product, whose sales value is deducted from the total joint costs. C B

5) Ridgeline Enterprises produces three products in a joint procens. Products A and B ane processed further. Additional information is is follows: Required: (a) Allocate the joint costs, assuming that all products are joint products and joint-costs are allocated using the physical quantities method. (b) Allocate the joint costs using the physical quantities method, assuming that product C is considered a by-product, whose sales value is deducted from the total joint costs