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determine the amount of joint production cost allocated to each style of doorhandle using the market value at the split off method. Allocate the joint

determine the amount of joint production cost allocated to each style of doorhandle using the market value at the split off method. image text in transcribed
Allocate the joint cost of production to each using the net realizable value method
image text in transcribed
support department 1's costs total $160,000 using the direct method of support department cost allocation determine the cost from the Support department 1 That should be allocated to each production department.
image text in transcribed
Joint Cost Allocation-Market Value at Split-off Method Griptum inc. produces two different styles of door handles, standard and curved. The door handles go through a joint production molding process costing $32,000 per batch and producing 2,200 standard door handles and 1,100 curved door handies at the split-off point. Both door handles undergo additional production processes after the split-off point, but could be sold at that point: the standard style for $8 per door handle and the curved style for $4 per door handie. Detemine the amount of joint production costs allocated to each style of door handle using the market value at split-off method. Froltes: TCheck WrWiak alsocated more joint costs, To use the market value at split-off method, on estimste of the market value at split-olf must be availabie. Joint Cost Allocation-Net Realizable Value Method Uly's Lemonade Stand makes three types of lemonade: pure, raspberry, and strawberry. The lemonade is produced through a joint mixing process that costs a total of $30 per batch. One batch produces 32 cups of pure lemonade, 21 cups of strawberry lemonade, and 21 cups of raspberry lemonado. After the split-off point, all three lemonades can be sold for $0.80 per cup, but strawberry and raspberry lemonade can be processed further by adding artificial coloring and flavoring and sold for $0.95 and $1.00 per cup, respectively. It is estimated that these additional processing costs are $0.75 and $1.80 per batch for strawberry and raspberry lemonade, respectively. Allocate the joint costs of production to each product using the net realizable value method. Support Department Cost Allocation-Direct Method Yo-Town Inc, produces yogurt. Information related to the company's yogurt production follows: Support Department 1's costs total $160,000. Using the direct method of support department cost allocation, determine the costs from Support Department 1 that should be allocated to each production department

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