(Click the icon to view the per unit information the sawmill operation without further processing by Litchfield. Also the posts require no further processing beyond the splitoff point. The decorative pieces must be planed and furthe $130,000 per month and and sizing process, there is still an active intermediate market for the unit - X Joint cost information 0,000 to the three produd Decorative pieces The joint process results in the following costs of products for a typical month Direct materials (rough timber logs) S 500.000 Debarking (labour and overhead) 45,000 Sizing (labour and overhead) 205 000 250,000 Product cutting (labour and overhead) $ 1,000,000 Total Joint costs $1000,000 to the three po four decimal places) Decorative pieces Print Done ing the indivdual products from the 100 normation (Click the con to view the per unit information ) after marging from the saw Perunt information the processing by Litchfield. Also the posts require no further processing beyond the splitoff point the decorative pieces must be planed and nal processing costs $130.000 ply results in a loss of 10% of the units entering the process Without this slaning and sizing process, there is still an active intermediate market to Te verges S60 per unit - X Per-unit information Cessng costs of $1,000,000 to the thre Studs Decoratie Product yields and average sales values on a por-und basis from the joint process are as follows Monthly Output of Materials at Fully Processed Product Splitoff Point Selling Price Studs 82 000 units $ 8 Decorative pieces 0.000 units 85 Posts 22.000 units 16 litoff ut processing costs of $1,000,000 to th imal places Print Done Studs Decorative p in processing costs of 51 000 000 to the the products using the NRV method (Round the weighings to four decimal places) ual products from the logs (Click the icon to view the per-unit information) ng from the sawmillonenchout tuto DACA SIA Litchfield. Also the posts manice Dodacter CALLING bewond the solitoff naint. The decorative pieces m costs $130,00 s, there is still an active int $60 per unit - X Required of S1,000,000 to Studs E 1. Based on the information provided for Litchfield Lumber allocate the joint processing costs of $1,000,000 to the three products using a. Sales value at splitoff method b. Physical-measure method (volume in unsts) c. NRV method 2. Prepare an analysis that compares processing the decorative pieces further as is current practice with selling them as a rough cut product immediately at splitoft 3. Assume the company announced that in six months it will sell the unfinished decorative pieces at splitoff due to increasing competitive pressure Identity at least three types of likely behaviour that will be demonstrated by the skilled labour in the planing-and-sizing process as a result of this announcement Include in your discussion how this behaviour could be influenced by management osts of $1000 ces) ds Deca Print Done Litchfelt lumber in the bachelogs from independent bar con un processer og blossomber products. These product to the result of a point sampons and remover Johou work and then citing the products from on Cho the icon to vow to contato Otvo now the erunt in The stores include the firm the sworn without procesno promote the pond The domate maging bom this to promote 150.000 per month 10N Whois paning and there is no door MIVE peces which the song is perent Requirement 1. Allocate the joint processing costs of $1,000,000 to the three products ung the sales value at spidoft method (Round the woightings to four decimal places) Studs Decorative pieces Posts Total Monthly unit output Selling price per unit Sales value of total production at aplitoff Weighting Joint costs allocated Requirement 1b. Next allocate the joint processing costs of 1,000,000 to the three products using the physical measure method (volumen units) (Round the weighings to four decimal place Studs Decorative pieces Posts Total Physical measure of total production Weighting Joint costs allocated Requirement 1c. Finally, allocate the joint processing costs of $1,000,000 to me three products using the NRV method (Round the weighings to four decimal places) Requirement te. Finally, alocate the joint processing costs of 1,000,000 to the three products using the NR method (Round the weighings to four decimal places Studs Decorative pieces Posts Total Units available for sale Fully processed selling price per unit Net realizable value at splitof Weighting Joint costs allocated Requirement 2. Prepare an analysis that compares processing the decorative pieces further as is current practice with saling them as a rough cut product immediately at spitol (US parenthesesoram Units Dollars Monthly unit output Less: Normal further processing shrinkage Units available for sale Final sales Value Less: Sales value at at split incremental revenue Less: Further processing costs Increase (decrease in contribution from further processing Requirement 3. Assume the company announced that in six months it will soll the unfinished decorative pieces at splitoft due to increasing competitive pressure Identity at least three types in the planing and string process as a result of this announcement include in your discussion how this behaviour could be influenced by management Behaviour that may be demonstrated by the skilled labour in the planning and-sizing process include the following Management actions that could improve this behaviour include the following Improve communication by giving the workers The company can offer incentive bonuses to and align rewards with goals The company could iobrelocation and internal job transfers