Lauren Inc. makes three products that can be sold at split-off or processed further and then sold. The joint cost for April is $1,512,000.

	Bottles of	Sales Price	Separate Cost	Final Sales
Product	Output	at Split-Off	after Split-Off	Price
Perfume	28,000	$7.00	$2.50	$16.50
Eau de toilette	44,800	5.00	1.50	13.00
Body splash	39,200	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
Eau de Toilette
Body Splash
Total

Allocation by weight
Perfume
Eau de Toilette
Body Splash
Total

Allocation by approx NRV
Perfume
Eau de Toilette
Body Splash
Total

b. Assume that all products are processed further and completed. At the end of the period, the inventories are as follows: perfume, 840 bottles; eau de toilette, 2,240 bottles; and body splash, 2,352 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
Eau de Toilette
Body Splash
Total

2. Allocation by weight

Inventory levels
Perfume
Eau de Toilette
Body Splash
Total

3. Allocation by approximated NRV

Inventory levels
Perfume
Eau de Toilette
Body Splash
Total