Product cutting (labor and overhead) 260,000 Total Joint costs $1,020,000 Product yield and average sales velue on a per-unit bess from the joint process are as follows: Monthly Fully Processed Output Sales Price Product Studs 70,000 Decorative pieces 5,000 100 Pasts 25,000 201 The studs are sold as rough-out lumber after emerging from the sawmill oneration without further processing by SSI. Also, the posts require na further processing. The decorative places must be planer and further sized after emerging from the st sawmill. This additional processing costs 551 SC DC per month and nomally results in a loss of 10 percent of the units entering the process. Without this planing and sizing process, there is still an active Intermediate market for the unfinished decorative pieces where the sales price averagns $ per unit. Required: 1. Based on the information given for Senimad Sawmill, Inc., allocate the joint processing costs of $1,020,000 to each of the three product lines using the: a. Relative sales-value-at-split-off method. When required, round decimal values to four places before converting to a percentage. For example, .28349 would be rounded to .8335 and entered as "29.35" percent. Monthly Unit Output Sales Price per Unit Relative Sales Value at Split-off Percent of Sales Allocated Joint Costs Studs $ Decorative pieces Posts Total (Note: Difference due to rounding.) b. Physical units method at split-ofT. Allocated Joint Units Percent X Joint Cost Costs Studs % $ Decorative pieces Pasts Tatal c. Estimated net realizable value method. When required, round decimal values to four places before converting to a percentage. For example, 88349 would br mounded to MM35 and entered as "9.35 percent. Fully Processed Monthly Unit Output Estimated Allocated Sales Price per Unit Net Realizable Value Percent of Value Joint Costs $ Studs s Decorative pieces Pasts 9. Total sl (Note: Difference due to rounding.) 2. Prepare an analysis for Sonimnad Sawrnill, Inc., to compare processing the decorative pieces further as it presently does, with selling the rough-cut product immediately at split-off. Sonimad Sawmill, Inc Analysis Report Monthly unit output Final sales value Differential revenue Addisonal contribution from further processing