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Garcia's Food Processing Company processes apples into apple sauce, apple juice, and apple pie. During the summer of 2020, the joint costs of processing the
Garcia's Food Processing Company processes apples into apple sauce, apple juice, and apple pie. During the summer of 2020, the joint costs of processing the apples were $475,000. There were no beginning or ending inventories for the summer. Production and sales value information for the summer is as follows: Product Cases Sauce 100,000 Sales Value at Separable Costs Selling Price Split-off Point $28.30 per $6 per case $3.25 per case case 8 per case 5.35 per case 25.10 per case 5 per case 2.80 per case 10.28 per case Juice Pie 150,000 200,0001 Required: Determine the amount allocated to each product if the estimated net realizable value method is used and compute the cost per case for each product
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