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Barrett Chemicals manufactures four chemicals, Chem - 1 , Chem - 2 , Chem - 3 , and Chem - 4 , from a joint
Barrett Chemicals manufactures four chemicals, Chem Chem Chem and Chem from a joint process. The total joint costs in May were $ Additional information follows:
Product Units Produced Sales Value at SplitOff If Processed Further
Additional Costs Sales Values
Chem $ $ $
Chem
Chem
Chem
$ $ $
Required:
Barrett Chemicals uses the net realizable value method to allocate joint costs. What joint costs would be allocated to each product in May?
Note: Round percentages to decimals. Round your final answers to the nearest whole dollar amounts.
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