Management Accounting

Choi Company manufactures two skin care lotions, Smooth Skin and Siken Skin, from a joint process, The joint costs incurred are $300,000 for a standard production run that generates 160,000 pints of Smooth Skin and 260,000 pints of Siken Skin. Smooth Skin sells for $270 per pint, while Silken Skin sells for $4.00 per pint. Required: 1. Assuming that both products are sold at the split-off point, how much of the joint cost of each production run is aliocated to Smooth Skin using the relative sales value method? 2. If no separable costs are incurred after the split off point, how much of the joint cost of each production run is allocated to Siiken Skin using the physical measure method? 3. If separable processing costs beyond the split-off point are $1.80 per pint for Smooth Skin and $1.40 per pint for Silken $kin, how much of the joint cost of each production run is allocated to Silken Skin using a net realizable value method? 4. If separable processing costs beyond the split-off point are $1.80 per pint for Smooth Skin and $1.40 per pint for Silken Skin, how much of the joint cost of each production run is allocated to Smooth Skin using a physical measure method? (For all requirements, do not round intermediate colculations. Round final onswers to nearest whole dollar amounts)