Question
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 | $64,500 |
Direct labor | 33,000 |
Overhead | 26,500 |
At the split-off point, a batch yields 1,900 barlon, 2,500 selene, 2,400 plicene, and 3,800 corsol. All products are sold at the split-off point: barlon sells for $15 per unit, selene sells for $22 per unit, plicene sells for $28 per unit, and corsol sells for $38 per unit.
Required:
Allocate the joint costs using the sales-value-at-split-off method. If required, round allocation rates to four decimal places and round the final allocations to the nearest dollar.
Allocated Joint Cost | ||
Barlon | $ __________ | |
Selene | __________ | |
Plicene | ___________ | |
Corsol | ____________ | |
Total | $_______ |
(Note: The total of the allocated cost may not equal actual total costs to due to rounding.)
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