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ABC Company produces four solvents from the same process: C1RT, E4GH, E7TY, and G98Q. Joint product costs are $248,000 (Round all answers to the nearest

ABC Company produces four solvents from the same process: C1RT, E4GH, E7TY, and G98Q. Joint product costs are $248,000 (Round all answers to the nearest dollar.)

Barrels

Sales price per barrel at split-off

Sales Price after further processing

Further processing costs

C1RT

10,000

$5.00

$6.50

$0.50

E4GH

15,000

1.00

4.00

2.50

E7TY

5,000

15.00

17.00

4.00

G98Q

10,000

10.00

19.50

4.50

Using a physical measurement method, how much joint cost are allocated to each of the four solvents? (C1RT, E4GH, E7TY & G98Q)

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