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Physical Units Method Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and consol. The joint costs for one batch are
Physical Units Method Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and consol. The joint costs for one batch are as follows: Direct materials Direct labor Overhead $68,436 36,500 22,906 At the spit-off point, a batch yields 2,020 barlon, 2,904 selene, 3,410 plicene, and 4,294 corsol. All products are sold at the split-off point: barlon sells for $13 per unit, selene sells for $20 per unit, picene sells for $25 per unit, and corsel sells for $34 per unit. Required: 1. Alocate the joint costs using the physical units method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar. Note: The total of the allocated cost does not equal to the one provided in the question data due to rounding error. Allocated Joint Cost Barlon Selene Micene Corsol Total 2. Suppose that the products are weighted as shown below: Barlon 1.2 Selene 2.2 Picene Corsol 2.3 Allocate the joint costs using the weighted average method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar 2. Suppose that the products are weighted as shown below: Barlon 1.2 Selene 2.2 Plicene 1.2 2.3 Corsol Allocate the joint costs using the weighted average method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar Allocated Joint Cost Barlon Selene Plicene Corsol Total
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