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Alomar Company manufactures four products from a joint production process: baron, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct
Alomar Company manufactures four products from a joint production process: baron, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct materials $72,567 Direct labor Overhead At the split-off point, a batch yields 2,342 barlon, 2,711 selene, 2,958 plicene, and 4,313 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $19 per unit, plicene sells for $25 per unit, and corsol sells for $33 per unit. Required 1. Allocate the joint costs using the physical units method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar. Note: The total of the allocated cost does not equal to the one provided in the question data due to rounding error 37,433 29,476 Allocated Joint Cost Barlon Selene Plicen Corsol Total 2. Suppose that the Barlon 1.0 Selene 2.2 Plicene 1.7 Corsol 2.4 Allocate the joint costs using the weighted average method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollan products are weighted as shown below: Allocated Joint Cost Barlon Selene Plicene Corsol Total
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