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Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows. If Processed Further Product W-10
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows. If Processed Further Product W-10 W-20 W-30 W-40 Units Produced 58,800 42,000 33,600 33,600 168,000 Sales Value at Split-off $352,000 302,000 202,000 152,000 $1,008,000 Additional Costs $ 37,800 30,200 20,200 12.600 $100,800 Sales Values $ 384,000 352,800 252,000 168,000 $1,156,000 Required: Assuming that total Joint costs of $352,800 were allocated using the physical quantities method, what joint costs were allocated to each product? (Do not round intermediate calculations.) Product Joint Costs Allocated W.10 W-20 W-30 W-40
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