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Merk Chemicals processes resin from fir trees into three products printing inks, vamishes, and adhesives. During June, the joint costs of processing were $500,000. Additional

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Merk Chemicals processes resin from fir trees into three products printing inks, vamishes, and adhesives. During June, the joint costs of processing were $500,000. Additional information is given below: (Click the icon to view the additional information) Determine the amount of joint cost allocated to each product if Merk uses (1) the physical measure method, and (2) the sales value at splitoff method. Determine the amount of joint cost allocated to each product if Merk uses (1) the physical measure method Data table

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