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Chol Company manufactures two skIn care lotions, Smooth SkIn and SIlken SkIn, from a joint process. The joint costs Incurred are $ 4 0 0

Chol Company manufactures two skIn care lotions, Smooth SkIn and SIlken SkIn, from a joint process. The joint costs Incurred are
$400,000 for a standard production run that generates 110,000 pints of Smooth SkIn and 140,000 pints of SIlken SkIn. Smooth SkIn
sells for $2.80 per pint, while Silken Skin sells for $4.00 per pint.
Requlred:
Assuming that both products are sold at the split-off point, how much of the joint cost of each production run Is allocated to Smooth
SkIn using the relatlve sales value method?
If no separable costs are incurred after the split-off point, how much of the joint cost of each production run is allocated to Silken
Skin using the physical measure method?
If separable processing costs beyond the split-off point are $1.50 per pint for Smooth Skin and $1.00 per pint for SIlken SkIn, how
much of the joint cost of each production run is allocated to Silken Skin using a net realizable value method?
If separable processing costs beyond the split-off point are $1.50 per pint for Smooth Skin and $1.00 per pint for SIlken SkIn, how
much of the joint cost of each production run Is allocated to Smooth Skin using a physical measure method?
(For all requlrements, do not round Intermedlate calculations. Round final answers to nearest whole dollar amounts.) PLEASE NOTE THAT ANSWER FOR RELATIVE VALUE METHOD-SMOOTH SKIN=141936 AND NET REALIZABLE VALUE METHOS-SILKEN SKIN =420000 WAS ALSO INCORRECT.

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