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Galloping Goose Chemical, Inc. processes cedar sap into three products: cedar oil, cedar extract, and cedar cleaner. During May the joint costs of processing were

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Galloping Goose Chemical, Inc. processes cedar sap into three products: cedar oil, cedar extract, and cedar cleaner. During May the joint costs of processing were $240,000. Production and sales value information for the month were as follows: Product Product Units Produced Sales Value at splitoff Point Cedar oil 3,000 litres $30,000 Cedar extract 3,000 litres $25,000 Cedar cleaner 1,500 litres $12.500 Required: Determine the amount of joint cost allocated to cedar extract if the sales value at splitoff method is used. Round to nearest two decimal places when calculating (i.e. 12.34%). can Logs processed: 50 logs (yield is 30,000 sheets of paper and 30,000 pencil casings and no scrap). Production paper pencil casings 30,000 sheets 30,000 Sales: paper 29,000 at $0.04 per page pencil casings 30,000 at $0.10 per casing Cost of purchasing 50 logs and processing them up to the splitoff point to yield 30,000 sheets of paper and 30,000 pencil casings is $1,500. Pencil & Paper's accounting department reported no beginning inventories; however, ending inventory amounts reflected 1,000 sheets of paper in stock. What are the paper's and the pencil's approximate weighted cost proportions using the sales value at splitoff method, respectively? Pre U Riverstas LITTLE COLCU USE LIICICLIPOLO COLOUR method. The following data from operations were collected for analysis. Budgeted manufacturing overhead costs: Plant Maintenance Data Processing Machining Capping PM (Support Dept.) DP (Support Dept.) M (Operating Dept.) C (Operating Dept.) $350,000 $75,000 $225,000 $125,000 Service furnished: By Plant Maintenance (budgeted labour hours) Data Processing 3,500 Machining 5,000 Capping 8,200 By Data Processing (budgeted computer time) Plant Maintenance 600 Machining 3,500 Capping 6001 What is the complete reciprocated cost of the Data Processing and the Plant Maintenance, respectively

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