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The Cocoa Bean Edibles Factory manufactures and distributes chocolate products. (Click the icon to view more information about Cocoa Bean.) Production and sales data for August are as follows (assume no beginning inventory): (Click the icon to view the data.) Requirement 1. Calculate how the joint costs of $41,000 would be allocated between chocolate powder and milk chocolate under the different methods. a. Sales value at splitoff method. Begin by entering the appropriate amounts to allocate ti Required b. Allocate the joint costs using the physical measure method. Begin by entering the app 1. Calculate how the joint costs of $41,000 would be allocated between chocolate powder and milk chocolate under the following methods: a. Sales value at splitoff b. Physical measure (gallons) c. NRV (Net Realizable Value) d. Constant gross-margin percentage NRV 2. What are the gross-margin percentages of chocolate powder and milk chocolate under each of the methods in requirement 1 ? 3. Could Cocoa Bean Edibles Factory have increased its operating income by a change in its decision to fully process both of its intermediate products? Show your computations. c. Allocate the joint costs using the net realizable value method. Begin by entering the ap costs allocated to the nearest whole dollar.) The Cocoa Bean Edibles Factory manufactures and distributes chocolate products. (Click the icon to view more information about Cocoa Bean.) Production and sales data for August are as follows (assume no beginning inventory): (Click the icon to view the data.) Requirement 1. Calculate how the joint costs of $41,000 would be allocated between chocolate powder and milk chocolate under the different methods. a. Sales value at splitoff method. Begin by entering the appropriate amounts to allocate ti Required b. Allocate the joint costs using the physical measure method. Begin by entering the app 1. Calculate how the joint costs of $41,000 would be allocated between chocolate powder and milk chocolate under the following methods: a. Sales value at splitoff b. Physical measure (gallons) c. NRV (Net Realizable Value) d. Constant gross-margin percentage NRV 2. What are the gross-margin percentages of chocolate powder and milk chocolate under each of the methods in requirement 1 ? 3. Could Cocoa Bean Edibles Factory have increased its operating income by a change in its decision to fully process both of its intermediate products? Show your computations. c. Allocate the joint costs using the net realizable value method. Begin by entering the ap costs allocated to the nearest whole dollar.)