California Orchards reports the following sales data for the year ended December 31. Grade of Walnuts Number 1 Number 2 Number 3 Total Sales $ 448,800 367,200 204,000 $ 1,020,000 The company incurred the following joint costs for the year. Tree pruning and care $ 618,800 176,800 Pickup, sorting, and grading Problem 9-5AA (Algo) Part 1 Required: 1. Use the value basis to allocate joint costs to the three grades of walnuts on the basis of sales value. Allocation of joint costs on the basis of sales values. Grade Allocation Base Numbers Number 1 Number 2 Number 3 Totals Percent of Allocation Base Numerator Denominator % of Total 0 0 0 0 * Indirect Cost Allocated Cost + 0

California Orchards reports the following sales data for the year ended December 31 . The company incurred the following joint costs for the year. Problem 9-5AA (Algo) Part 1 Required: 1. Use the value basis to allocate joint costs to the three grades of wainuts on the basis of sales value