Horissa's Flowers jointly produces three varieties of flowers in the same garden tips, les, and daisies. The flowers are all watered via the same irrigation system and all receive the same amount of water daisies require three times as much as is, and the water required for this is about halfway between the mounts needed for daisies and Wies. Although the Wes and tulips receive more water than they need due to the joint wrigation process, they are not hurt by the overwatering. The joint production cost of the three varieties of flowers is about $30 per harvest. Every harvest yields 10 tulips, 20 Mies, and 20 d. 1. Allocate the joint costs of production to each product using the physical units method Joint Flowers Joint Product per Harvest Proportion Costs Allocation Tulip Daisy Totals which products receive the largest portion of the joint costs? received the largest portion of the joint costs. 2. Allocate the joint costs of production to each product using the weighted average method. Weighted Weighted Joint Flowers Weight Flowers Percent Join Product per Harvest Factor of Water of water Costs Allocation Tulip % Lily Daisy Which products receive the largest portion of the joint costs? received the largest portion of the joint costs. 2. Allocate the joint costs of production to each product using the weighted average method. Weighted Weighted Joint Flowers Weight Flowers Percent Joint Product per Harvest Factor of Water of Water Allocation Tulip % S Lily % Daisy Costs Totals Which product receives the largest portion of the joint costs? received the largest portion of the joint costs. 3. Why would it be important to consider the watering process as an appropriate weight factor? a. The cost of watering the plants is a large portion of the joint costs and the company follows the same irrigation system for all three varieties of flowers. b. It is a natural resource which is more precious. c. Daisies have the highest market value d. None of the above