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Choi Company manufactures two skin care lotions, Smooth Skin and Silken Skin. from ajoint process. Thejoint costs incurred are $300,000 for a standard production run

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Choi Company manufactures two skin care lotions, Smooth Skin and Silken Skin. from ajoint process. Thejoint costs incurred are $300,000 for a standard production run that generates 260.000 pints of Smooth Skin and 280,000 pints of Silken Skin. Smooth Skin sells for $3.70 per pint, while Silken Skin sells for $4.90 per pint. Required: 1. Assuming that both products are sold at the splitoff point, how much of thejoint cost of each production run is allocated to Smooth Skin using the relative sales value method? 2. If no separable costs are incurred after the splitoff point, hovvr much of the joint cost of each production run is allocated to Silken Skin using the physical measure method? 3. If separable processing costs beyond the splitoff point are $1.70 per pint for Smooth Skin and $1.20 per pinttor Silken Skin, how much of thejoint cost of each production run is allocated to Silken Skin using a net realizable value method? 4. If separable processing costs beyond the splitoff point are $1.70 per pint for Smooth Skin and $1.20 per pinttor Silken Skin, how much of thejoint cost of each production run is allocated to Smooth Skin using a physical measure method? {For all requirements, do not round intermediate calculations. Round final answers to nearest whole dollar amounts.)

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