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Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct
Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct materials 563,774 Direct labor 36,455 Overhead 23,827 At the split-off point, a batch yields 1,911 barlon, 2,442 selene, 2,655 plicene, and 3,610 corsol. All products are sold at the split-off point: barlon sells for $16 per unit, selene sells for $19 per unit, plicene sells for $25 per unit, and corsol sells for $37 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 Allocated Joint Cost Barlon 22,330 Selene 28,533 Plicene 31,014 Corsol 42,179 Total 124,056 2. Suppose that the products are weighted as shown below: Barlon 1.2 Selene 2.1 Plicene 1.6 Corsol 2.3 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 dollar. Allocated Joint Cost 20,680 X Barlon Selene 36,187 X Plicene 27,565 X Corsol 39,623 X Total 124,056
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