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eBook Show Me How Physical Units Methodi Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint
eBook Show Me How Physical Units Methodi Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct materials Direct labor Overhead $60,534 38,561 29,437 At the split-off point, a batch yields 2,040 barlon, 3,187 selene, 2,805 plicene, and 4,716 corsol. All products are sold at the split-off point: barlon sells for $14 per unit, selene sells for $21 per unit, plicene sells for $25 per unit, and corsol sells for $33 per unit. Required: 1. Allocate the joint costs using the physical units method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar. Note: The total of the allocated cost does not equal to the one provided in the question data due to rounding error. Allocated Joint Cost Barlon Selene Plicene Corsol Total 2. Suppose that the products are weighted as shown below: Barlon Selene 1.3 1.8 Check My Work 1 more Check My Work uses remaining Previous Next > All work saved. Email Instructor Save and Exit Submit Assignment for Grading eBook Show Me How 2. Suppose that the products are weighted as shown below: Barlon 1.3 Selene 1.8 Plicene Corsol 1.7 2.6 Allocate the joint costs using the weighted average method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar. Barlon Selene Plicene Corsol Total Allocated Joint Cost Feedback Check My Work 1. The physical units method allocates the same proportion of joint cost to each product as the underlying proportion of units. 2. Once the weight factors are applied, the physical units can be applied to obtain the percentage of weighted cases for each grade. These percentages are then multiplied by the joint cost to yield the allocated joint cost. Check My Work 1 more Check My Work uses remaining. Previous Next All work saved. Email Instructor Save and Exit Submit Assignment for Grading
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