Joint cost allocation physical units method

Board-It, Inc., produces the following types of 2 4 10 wood boards: washed, stained, and pressure treated. These products are produced jointly until they are cut. One batch produces 45 washed boards, 30 stained boards, and 25 pressure treated boards. The joint production process costs a total of $640 per batch.

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.

Using the physical units method, allocate the joint production cost to each product. Round your answers to the nearest cent.

Joint Product	Allocation
Washed	$
Stained
Pressure treated
Totals	$