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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-29 W-30 W-40 Units Produced 56,200 40.000 32.ee 32,600 160.000 Sales Value at Split-Off $336,00 288,000 192,00 144.883 Additional Costs $36,000 28,888 19,200 12,888 $96.000 Sales Values $ 366.888 336, eee 240.000 160,000 $1,102,888 $960,000 Required: Assuming that total Joint costs of $384.000 were allocated using the physical quantities method, what Joint costs were allocated to each product? (Do not round Intermediate calculations.) Product WV-10 W-20 W-30 W-40 Joint Costs Allocated $ 134.400 $ 115,200 $ 788,000 $ 57,800
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