Allocating joint cost Keiffer Production manufactures three joint products in a single process. The following information is available for August: Product Gallons per Gallon JP-4539 4,500 $14.00 JP-4587 18,000 25.00 JP-4591 13,500 18.00 Allocate the joint cost of $558,000 to the production based on the following: Sales Value at Split-Off Cost after Final Selling Split-Off Price $4.00 5.00 2.00 JP-4539 $ JP-4587 JP-4591 Total $ a. number of gallons. Note: Round proportions to the nearest tenth of a percentage (i.e. round 13.45% to 13.5%) and dollar amounts to the nearest whole dollar. $24.00 35.00 22.00 $ b. sales value at split-off. Note: Round proportions to the nearest whole percentage (i.e. round 13.45% to 13%) and dollar amounts to the nearest whole dollar. JP-4539 $ JP-4587 JP-4591 Total c. approximated net realizable values at split-off. Note: Round proportions to the nearest whole percentage (i.e. round 13.45% to 13%) and dollar amounts to the nearest whole dollar. JP-4539 $ JP-4587 JP-4591

Allocating joint cost Keiffer Production manufactures three joint products in a single process. The following information is available for August: Allocate the joint cost of $558,000 to the production based on the following: a. number of gallons: Note: found proportons to the nearest tenth of a percentage ( (e round.13.45\% to 13.5\%) and dolar amounts to the nearest whole dollar. b. sales value at splitiot. Note: flound proportans to the nearest whole percentage (le. round 13.45N to 13Wh and dollar amounts 10 the hearest whole dollar. ciappronimated netrealizable vanes at spitiont Note: Round proporvons to the neareit whole percentake (1,e. round 13.454 to 13 w) end dollar amounts to the neareit whole dollar