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Please help and explain if you can, thank you! Sales-Value-at-Split-off Method Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and
Please help and explain if you can, thank you!
Sales-Value-at-Split-off 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: At the split-off point, a batch yields 1,400 barlon, 2,600 selene, 2,500 plicene, and 3,500 corsol. All products are sold at the split-off point: barlon sells for $18 per unit, selene sells for $21 per unit, plicene sells for $26 per unit, and corsol sells for $40 per unit. Required: Allocate the joint costs using the sales-value-at-split-off method. If required, round allocation rates to four decimal places and round the final allocations to the nearest dollar. (Note: The total of the allocated cost may not equal actual total costs to due to rounding.)Step by Step Solution
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