• Allocate joint costs to individual products for ABC Corporation using the following data:

  Joint Cost	Allocation Base	Product A (units)	Product B (units)
  $50,000	Sales value at splitoff	$20,000	$30,000

  Requirements:

  • Allocate joint costs using the sales value at splitoff method.
  • Present the analysis in a detailed table format.
  • Discuss the importance of joint product cost allocation in decision making.