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please complete ALL requirements for part 1,2 1. Compute the gross-margin percentage for each product sold in December. using the following methods for allocating the

please complete ALL requirements for part 1,2 image text in transcribed
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1. Compute the gross-margin percentage for each product sold in December. using the following methods for allocating the $60,000 joint costs a. Sales value at splitoff b. Physical-measure c. NRV 2. Could Sunshine have increased its December operating income by making different decisions about the further processing or products A, B, or D? Show the effect on operating income of any changes you recommend More info - Product A, 253,000 gallons - Product B, 92,000 gallons - Product C, 69,000 gallons - Product D, 46,000 gallons The joint costs of purchasing and processing the crude vegetable oil were $60,000. Sunshine had no beginning or ending inventories. Sales of product C in December were $60,000 Products A, B, and D were further retined and then sold Data related to December are as follows: Sunshine had the option of selling products A, B, and D at the splitoff point. This alternative would have yielded the following revenues for the December production - Product A, $50,000 - Product B, $30,000 - Product D. $60,000 The Sunshine Ou Company buys crude vegetable oil Refining this oil results in four products at the splitoff point. A. B. C, and D Product C is fully processed by the spltoff poin Products A. B, and D can individually be further refined into Super A. Super B, and Super D. In the most recent month (December), the oudput at the spltolf point was as follows (Click the icon to view the information ) Rend the Requirement 1. Compute the gross-margin percentage for each product sold in December, using the different methods for allocatsig the s60, ooo pant costs A. Sales Value at Sphtoff Begin by ontering the amounts in the table and aflocate the joint costs. (Enter the weights to four decimat places )

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