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% FAM12-A3 (similar to) Atlanta Metals buys raw ore on the open market and processes it into two products, A and B. The ore costs

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% FAM12-A3 (similar to) Atlanta Metals buys raw ore on the open market and processes it into two products, A and B. The ore costs $9 per pound, and the process sepe has a cost of $4 per pound. During 20x1, Atlanta plans to produce 245,000 pounds of A and 455,000 pounds of from 700,000 pounds of orp. and B for $14 a pound. The company allocated joint costs to the individual products for inventory valuation purposes. Requirements 1. Allocate all the joint costs to A and B using the physical-units method. 2. Allocate all the joint costs to A and B using the relative-sales-value method. 3. Suppose Atlanta cannot sell product B in the form in which it emerges from the joint process. Instead, it must be processed further at a fixed cu variable cost of $2 per pound. Then, it can be sold for $22.00 a pound. Allocate all the joint costs to A and B using the relative-sales-value met ANCHO Pounds Weighting joint costs 245,000 0.35 $ 3,185,000 455,000 0.65 5,915,000 $ 9,100,000 B 700,000 Requirement 2. Allocate all the joint costs to A and B using the relative-sales-value method (Round the weighting to three decimal places.) Relative sales value Allocation of at split-off Weighting joint costs A B Fntar number in the edit fields, then click Check

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