9 /takeAssignment/take Assignment Main.doinvokertakeAssignmentSession locator Sinprogress=false eo eBook Calculator Joint cost allocation Lovely Lotion Inc. produces three different lotions: hand, body, and foot. The lotions are produced jointly in aming process that costs a total of $250 per batch. At the split off point, one batch produces 30, 40, and 2 bottles of hand, body, and foot lotion, respectively. After the split-off point, hand lotion is sold inmediately for $2.50 per bottle Body lotion is processed further at an additional cost of $0.25 per bottle and then sold for $5.75 per bottle Footlotion is processed further an additional cost of $0.05 per bottle and then sold for $4.00 per bottle. Assume that body and foot lotion could be sold at the soit off point for $3.00 and $3.20 per bottle, respectively 1. Using the market value at spin-off method, allocate the joint costs of production to each product. Round your answers to two decimal places Market Value Total Market Percent of Bottles per Bottle Value at Total MV at Joint Product per Batch Split oli Split-on Split-on Joint Costs Allocation Hand lotion Body lotion Footlotion 2. A lotion manufacturing company produces three types of lotion. After the split off point the company continues to see the body lotion and makes $0,25 profit per bottle. The foot locion generates 10.05 loss per bottle if it contains after the point which lotion should be continued after the split off point? Handlotion 6. Body lotion c foot lotion d. Body and foot lotion Value method. Round your answers to two decimal places 3. Allocate the joint costs of production to each product ssignment/takeAssignment Man.do?invokeretako asignmentSestionLocator &inprogress=false BOOK Calculator Body lotion Il Fook lotion Totals 2. A lotion manufacturing company produces three types of lotions. After the split off point the company continues to sell the body lotion and makes $0.25 profit per bottle. The foot lotion generates $0.05 loss per bottle it continues after the split-off point. Which lotion should be continued after the split off point? a. Handlotion Body lotion Foot lotion d. Body and foot lotion 3. Allocate the joint costs of production to each product using the treatable value method. Round your answers to two decimal places Greater of Total NRV and Total Market Value at Split-on Total Net Realizable Value Propo Market Value per Bottle at Split-off Total Market Value at Split-on Bottles per Batch Market Price per Bottle NRV per Bottle Added Cost per bottle Joint Product Hudlotion Body lotion Foot lotion Save and Exit Submit Assignment for Grading All work saved 7:38 PM 9/30/2020 CH | a oo 9 /takeAssignment/take Assignment Main.doinvokertakeAssignmentSession locator Sinprogress=false eo eBook Calculator Joint cost allocation Lovely Lotion Inc. produces three different lotions: hand, body, and foot. The lotions are produced jointly in aming process that costs a total of $250 per batch. At the split off point, one batch produces 30, 40, and 2 bottles of hand, body, and foot lotion, respectively. After the split-off point, hand lotion is sold inmediately for $2.50 per bottle Body lotion is processed further at an additional cost of $0.25 per bottle and then sold for $5.75 per bottle Footlotion is processed further an additional cost of $0.05 per bottle and then sold for $4.00 per bottle. Assume that body and foot lotion could be sold at the soit off point for $3.00 and $3.20 per bottle, respectively 1. Using the market value at spin-off method, allocate the joint costs of production to each product. Round your answers to two decimal places Market Value Total Market Percent of Bottles per Bottle Value at Total MV at Joint Product per Batch Split oli Split-on Split-on Joint Costs Allocation Hand lotion Body lotion Footlotion 2. A lotion manufacturing company produces three types of lotion. After the split off point the company continues to see the body lotion and makes $0,25 profit per bottle. The foot locion generates 10.05 loss per bottle if it contains after the point which lotion should be continued after the split off point? Handlotion 6. Body lotion c foot lotion d. Body and foot lotion Value method. Round your answers to two decimal places 3. Allocate the joint costs of production to each product ssignment/takeAssignment Man.do?invokeretako asignmentSestionLocator &inprogress=false BOOK Calculator Body lotion Il Fook lotion Totals 2. A lotion manufacturing company produces three types of lotions. After the split off point the company continues to sell the body lotion and makes $0.25 profit per bottle. The foot lotion generates $0.05 loss per bottle it continues after the split-off point. Which lotion should be continued after the split off point? a. Handlotion Body lotion Foot lotion d. Body and foot lotion 3. Allocate the joint costs of production to each product using the treatable value method. Round your answers to two decimal places Greater of Total NRV and Total Market Value at Split-on Total Net Realizable Value Propo Market Value per Bottle at Split-off Total Market Value at Split-on Bottles per Batch Market Price per Bottle NRV per Bottle Added Cost per bottle Joint Product Hudlotion Body lotion Foot lotion Save and Exit Submit Assignment for Grading All work saved 7:38 PM 9/30/2020 CH | a oo