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Chol Company manufactures two skin care lotions, Smooth Skin and Sliken Skn, from a joint process. The jount cost: incurred are $360.000 for a starkdard
Chol Company manufactures two skin care lotions, Smooth Skin and Sliken Skn, from a joint process. The jount cost: incurred are $360.000 for a starkdard production run that generates 180,000 prns of Smooth Skin and 110,000 pints of Silken Skin. Smooth Skin sells for $3.50 per pint, while Silken 5kin sells for $520 per pint. Required: 1. Assuming that both products are sold at the split-off point, how much of the joint cost of each production run is aliocated to 5 mooth Sian using the relative sales value method? 2 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? 3. If separable processing costs beyond the splitoff point are $1.00 per plnt for Smooth Skin and $170 per pint for Silken 5k in. how much of the joint cost of each production run is aliocated to si ken skin using a net realizabie value method? 4. If 5eparable processing costs beyond the split-off point are \$100 per pint for. Smooth Sikn and \$170 per pent for Sikken Skin, how much of the joint cost of each production run is allocated to Smooth Skin using a physicai measure method? (For all requlrements, do not round Intermediate caiculations, Round final answers to neorest whole dolior emounta.)
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