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Breakfastime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows: Joint Cost Cereal Quantity at Split-Off Point

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Breakfastime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows: Joint Cost Cereal Quantity at Split-Off Point Sales Price per Kilogram Crummies 8,500 kilograms $6.50 8.00 $95,000 Yummies12,500 kilograms Required: Use the relative-sales-value method to allocate the company's joint production cost between Yummies and Crummies. (Round your calculation of relative proportions to 3 decimal places.) Sales Value Allocation of at Split-of Joint Cost Point Yummies Crummies Total 5 81,250 56,548 68000 38,542 S 149,250 95,090

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