Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split$-$off point total $$395,000$ per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split$-$off point. Unit selling prices and total output at the split$-$off point are as follows:

$\backslash$table$[[$points$],[$eBook$],[$Hint$],[$Print$]]$

$\backslash$table$[[$Product$,$Selling Price,Quarterly Output$],[$A$,$$$29\mathrm{.}00$ per pound,$14,800$ pounds$],[$B$,$$$23\mathrm{.}00$ per pound,$23,000$ pounds$],[$C$,$$$35\mathrm{.}00$ per gallon,$6,000$ gallons$]]$

Each product can be processed further after the split$-$off point. Additional processing requires no special facilities. The additional processing costs $($per quarter$)$ and unit selling prices after further processing are given below:

References

$\backslash$table$[[,\backslash$table$[[$Additional$],[$Processing$],[$Costs$]],\backslash$table$[[$Selling Price$]]],[$Product$,$$$94,800,$$$35\mathrm{.}00$ per pound$],[$A$,$$$137,500,$$$30\mathrm{.}00$ per pound$],[$B$,$$$14\mathrm{.}00$ per gallon,$],[$C$,$$$65,200,$$$44\mathrm{.}00$