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Keiffer Production manufactures three joint products in a single process. The following information is available for August: Allocate the joint cost of $1,227,600 to the
Keiffer Production manufactures three joint products in a single process. The following information is available for August: Allocate the joint cost of $1,227,600 to the production based on the following: a. number of gallons. Note: Round proportions to the nearest tenth of a percentage (i.e. round 13.45% to 13.5\%) and dollar amounts to the nearest whole doilar. b. sales value at split-off. Note: Round proportions to the nearest whole percentage (i.e, round 13.45\% to 13% ) and dollar amounts to the nearest whole dollar. c. approximated net realizable values at split-off. Note: Round proportions to the nearest whole percentage fi.e. round 13.45\% to 13\%) and dollar amounts to the nearest whole dollar
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