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GG Products, Inc., prepares tips and stems from a joint process using asparagus. It produced 270,000 units of tips having a sales value at the
GG Products, Inc., prepares tips and stems from a joint process using asparagus. It produced 270,000 units of tips having a sales value at the split-off point of $69,000. It produced 270,000 units of stems having a sales value at split-off of $46,000. Using the net realizable value method, the portion of the total joint product costs allocated to tips was $58,800. Required: Compute the total joint product costs before allocation. (Do not round intermediate calculations.) Total cost. Bixel Components manufactures products A1 and A2 from a joint process. Total joint costs are $360,000. The sales value at split-off was $390,000 for 4,400 units of product A1 and $150,000 for 1,300 units of product A2. Required: Assuming that total joint costs are allocated using the net realizable value at split-off approach, what amount of the joint costs was allocated to product A1? (Do not round intermediate calculations.) Joint cost of product A1
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