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Physical Units Method Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are
Physical Units Method Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct materials Direct labor $68,634 Overhead 37,028 29,404 At the split-off point, a batch yields 1,871 barlon, 3,608 selene, 2,940 plicene, and 4,945 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $21 per unit, plicene sells for $25 per unit, and corsol sells for $36 per unit. Required: 1. Allocate 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. Barlon Selene Plicene Corsol Total Allocated Joint Cost 2. Suppose that the products are weighted as shown below: Barlon 1.4 Selene 1.9 Plicene Corsol 1.4 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. Barlon Selene Plicene Corsol Total Allocated Joint Cost
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