Alocoting Joint Costs Using the Physical Units Methad Sunny Lane, Inc., purchases peaches from local prchards and sorts them into four categories. Grace A are large blemish-free peaches that can be sold to gourmet fruit sellers. Grade a peaches are smaller and may be slightly out of proportion. These are packed in boxes and sold to grocery stores. Peaches to be siced for canned peaches are even smaller than Grade B peaches and have blemishes. Pesches to be pureed for use in sauces are of lower grade than peaches for slees, yet still food grade for canning. Information on a recent purchase of 29,D00 pounds of peaches is as follows: Total foint cost is 321,750 Requiredt 1. Nocate the joint cost to the four grades of peoches ixing the physical units method. 2. Aliocate the faine cost to the four grades of pesches by finding the ayerage joint cost per pound and mutipiying it or the number of pounds in the grade. Round the average cost answer to the nearest cent. 2. Allocate the joint cost to the four grades of peaches by finding the average joint cost per pound and mukiplying it by the number of pounds in the grader, Round the average cost answer to the nearest cent. Average cost =1 per pound. 3. What if there were 2,610 pownd of Girade A peaches and 5,220 pownds of Grade 87 How would that affect the afocation of cost to thete fwo orades? How nould if Mfect the siocation of cost to the remaining cemmen grades