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Blakes Blacksmith Co. produces two types of shotguns, a 12-gauge and 20-gauge. The shotguns are made through a joint production process that ultimately produces 25

Blakes Blacksmith Co. produces two types of shotguns, a 12-gauge and 20-gauge. The shotguns are made through a joint production process that ultimately produces 25 12-gauge shotguns and 25 20-gauge shotguns and costs a total of $4,000 per batch. After the split-off point, each type of shotgun goes through an additional crafting process before it is sold. The additional production process of the 12-gauge shotgun costs $25 per gun, after which it is sold for $182 per gun. The additional production process of the 20-gauge shotgun costs $22 per gun, after which it is sold for $144 per gun.

Determine the amount of joint production costs allocated to each type of shotgun using the physical units method.

Joint Product Allocation
12-gauge shotgun $fill in the blank 1
20-gauge shotgun fill in the blank 2
Totals $fill in the blank 3

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