Allocating Joint Costs Cuing the sales-Volt-at-Soubor Method Sunny Lane, Inc. Purchase praches from local chards and sort them into four Categories Grade Agretary breaches that can be to you but seler Grade Beathes are remate slightly out of proportion. These are packed in boxes and sold to grocery stores acher to be ice for these en aller than Grade pe unde este reaches to se pred for aces are of lower grade the peaches for fond grade for Gang Information on a recent purchase of 30,000 pounds of eacher is as follows Anunti surname, the the method of just enestation at the two formatan about the four grades of each Grades Pounds Price at Spin-off (part.) Grade A 1.1.00 36.00 Grade 4,000 2.00 SA 9.000 1.30 Pureed 5.200 0.00 Total 20,000 Tocal joint cost is $18,000 Requiredi 1. Allocate the paint cost to the fuur grades of peaches using the sales-vatue-at-sir-alt methat. Round your allocation percentages to four decimal places and round the aliocated costs to the nearest dollar. Joint Cost Allocation Grades Grade Grade Sacs Pured Total 2. What if the price at split off of Grade peaches increased to $1.60 per pound? How would that affect the allocation of cost to Grade Beaches? How would tafect the location of cost to the remaining grades Round your allocation percentages to four decimal places and round the allocated costs to the nearest dollar. Joint Cost Grades Allocation Grade A Grade Sheats bild Pureed - Allocate the joint cost to the four grades of peaches using the sales-value-at-split-off method. Round your allocation percentages to four decimal places and ound the allocated costs to the nearest dollar. Joint Cost Srades Allocation Frade A 3,786 x rade B 5,939 X rices 3,341 x 3,934 x areed Total 17,000 X What if the price at split-off of Grade B peaches increased to $1.60 per pound? How would that affect the allocation of cost to Grade 8 peaches? How would it affect e allocation of cost to the remaining grades? Round your allocation percentages to four decimal places and round the allocated costs to the nearest dollar. Joint Cost ades Allocation de A ade B ces 1. Allocate the cost to the four grades of peaches using these value of the Round your location percentages to four decimal places and round the allocated costs to the nearest dollar. Joint Cost Grades Allocation Grade 3,786 x Grade 5,939 X Slices 3,341 x Pureed 3,934 x Total 17,000 x 2. What if the price at split off or Grade penches increased to 51.60 per pound? How would that affect the location et cout to Gradec tow would it affect the location of courts the remaining rates? Round your allocation percentages to four decimal places and round the allocated costs to the nearest dollar Joint Cost Grades Allocation Grade A Grade Shoes Pureed Total Alocating Joint Costs wing the Sweet Soltoft Method Sunny Lane, Inc. Durchases eaches from local orchards and dirts them into four categories Grade A are large mishree peaches that can be told to gourmet Grade beaches are smalereye slightly out of proportion. These are packed in boxes and sold to grocery store. Peaches to be led for canned sechestra Grace Beaches and he himshes. Peaches to be pureed for use in thucetare or wet grade than peaches for sine food grade for carving Information on a recent purchase or 20,000 pounds of peaches are that sun. The is the world thod of your cost man and has proved the testowany tumation wbout the four grades of peaches Grades Pounds Price u Split-on (peris) Grade 1,800 16.00 Grade 4,000 2.00 9,000 1.30 Pureed 5.200 20,000 0.80 Total joint costs $18,000 Allocating Joint Costs Using the sales-Value-at-Split-Off Method Sunny Lane, Inc., purchases peaches from local orchards and sorts them into four Categories. Grade A are large blemish-free peaches that can be sold to gourmet fruit sellers. Grade 8 peaches are smaller and may be slightly out of proportion. These are packed in boxes and sold to grocery stores. Peaches to be sliced for canned beaches are even smaller than Grade B peaches and have blemishes. Peaches to be pureed for use in sauces are of lower grade than poaches for slices, yet still food grade toe canning Information on a recent purchase of 20,000 pounds of peaches is as follows: Assume that Sunny Lane, Inc., uses the sales-value at solie-oft method of joint cost allocation and has provided the following information about the four grades of peaches: Grades Pounds Price at Split-off (per Ib.) Grade A 1,800 $6.00 Grade B 4,000 2.00 Slices 9,000 1.30 Pureed 5,200 0.80 Total 20.000 Total Joint cost is $18,000 Required: Required: 1. Allocate the joint cost to the four grades of peaches using the sales-value-at-split-off method. Round your allocation percentages to four decimal places and round the allocated costs to the nearest dollar. Joint Cost Grades Allocation Grade A 3,786 X Grade 8 5,939 X Slices 3,341 X Pureed 3,934 x Total 17,000 X 2. What if the price at split-off of Grade B peaches increased to $1.60 per pound? How would that affect the allocation of cost to Grade B peaches? How would it affect the allocation of cost to the remaining grades? Round your allocation percentages to four decimal places and round the allocated costs to the nearest dollar Joint Cost Grades Allocation Grade A Grade B Slices Pureed Total Feedback Check My Work