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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 infomation follows: If Processed Further Product W-10 W-20
Deming Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional infomation follows: If Processed Further Product W-10 W-20 W-30 W-40 Units Produced 47.600 34,000 27,200 27,200 136.000 Sales Value at Split-Off 5284.000 244,000 164,000 124,000 5816,000 Additional Costs $ 30,500 24.400 16.400 10.200 $ 81.500 Sales Values S 310,000 284,000 204,000 136,000 S 934.000 Required: Assuming that total joint costs of S367,200 were allocated using the sales value at split-off (net realizable value method), what joint costs were allocated to each product? (Do not round intermediate calculations.) Product NRV at Split- Off Joint Costs Allocated W-10 W-20 W-30 W-40
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