Garden of Eden Company manufactures two products, Brights and Dulls, from a joint process. A production run
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Question:
Garden of Eden Company manufactures two products, Brights and Dulls, from a joint process. A production run costs $50,000 and results in 250 units of Brights and 1,000 units of Dulls. Both products must be processed past the split-off point, incurring separable costs for Brights of $60 per unit and $40 per unit for Dulls. The market price is $250 for Brights and $200 for Dulls.
What is the amount of joint costs allocated to Dulls using the constant gross margin percentage method? a.
$15,000
b.
$10,000
c.
$50,000
d.
$40,000
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