Lauren Inc. makes three products that can be sold at split-off or processed further and then sold. The joint cost for April is $1,296,000.

	Bottles of	Sales Price	Separate Cost	Final Sales
Product	Output	at Split-Off	after Split-Off	Price
Perfume	24,000	$7.00	$2.50	$16.50
Eau de toilette	38,400	5.00	1.50	13.00
Body splash	33,600	5.00	2.00	12.00

The number of ounces in a bottle of each product is: perfume, one; eau de toilette, two; and body splash, three. Assume that all products are processed further after split-off.

a. Allocate the joint cost based on the number of bottles, weight, and approximated net realizable values at split-off. Note: Round proportions to the nearest whole percentage and dollar amounts to the nearest whole dollar.

Allocation by bottles
Perfume	Answer
Eau de Toilette	Answer
Body Splash	Answer
Total	Answer

Allocation by weight
Perfume	Answer
Eau de Toilette	Answer
Body Splash	Answer
Total	Answer

Allocation by approx NRV
Perfume	Answer
Eau de Toilette	Answer
Body Splash	Answer
Total	Answer

b. Assume that all products are processed further and completed. At the end of the period, the inventories are as follows: perfume, 720 bottles; eau de toilette, 1,920 bottles; and body splash, 2,016 bottles. Determine the values of the inventories based on answers obtained in (a). Note: Round your final answer to the nearest whole dollar. 1. Allocation by bottles

Inventory levels
Perfume	Answer
Eau de Toilette	Answer
Body Splash	Answer
Total	Answer

2. Allocation by weight

Inventory levels
Perfume	Answer
Eau de Toilette	Answer
Body Splash	Answer
Total	Answer

3. Allocation by approximated NRV

Inventory levels
Perfume	Answer
Eau de Toilette	Answer
Body Splash	Answer
Total	Answer