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Ex 11-49 i 1 10 points Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional
Ex 11-49 i 1 10 points 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 Units Product Produced W-10 Sales Value at Split Off 70,000 $416,000 Additional Sales Costs Values $ 45,000 $ 456,000 eBook W-20 50,000 358,000 35,800 416,000 W-30 40,000 242,000 24,200 300,000 W-40 40,000 184,000 15,000 200,000 Print 200,000 $1,200,000 $120,000 $1,372,000 Reference Required: Assuming that total joint costs of $432,000 were allocated using the physical quantities method, what joint costs were allocated to each product? (Do not round intermediate calculations.) Product Joint Costs Allocated W-10 W-20 W-30 W-40
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