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Please help me find out the answer, also detailed the calculation method & steps. Thank you! Question #4 Choi Company manufactures two skin care lotions,

Please help me find out the answer, also detailed the calculation method & steps.

Thank you!

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Question #4 Choi Company manufactures two skin care lotions, Smooth Skin and Silken Skin, from a joint process. The joint costs incurred are $340,000 for a standard production run that generates 140,000 pints of Smooth Skin and 180,000 pints of Silken Skin. Smooth Skin sells for $3.60 per pint, while Silken Skin sells for $5.30 per pint. [Do not round intermediate calculations. Round nal answers to nearest whole dollar amounts.) Required: 1. Assuming that both products are sold at the splitoff point, how much of the joint cost of each production run is allocated to Smooth Skin using the relative sales value method? 2. If no separable costs are incurred after the splitoff point, how much of the joint cost of each production run is allocated to Silken Skin using the physical measure method? 3. If separable processing costs beyond the splitoff point are $1.00 per pint for Smooth Skin and $1.20 per pint for Silken Skin, how much of the joint cost of each production run is allocated to Silken Skin using a net realizable value method? 4. If separable processing costs beyond the split-off point are $1.00 per pint for Smooth Skin and $1.20 per pint for Silken Skin, how much of the joint cost of each production run is allocated to Smooth Skin using a physical measure method? _ Relative sales value method Smooth skin Ph sical measure method Silken skin Net realizable value method Silken skin _ Ph sical measure method Smooth skin

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