Q 3 Abdelaziz Compagny produces 3 types of products.

During the year the joint costs of processing the 3 products were $350,000.

Production and sales value information were as follows:

Sales Value

Product Units produced at Split-Off Separable Costs Selling Price

Product A 400,000 $10 per unit $6.00 per unit $40 per unit

Product B 300,000 $9 per unit $4.00 per unit $28per unit

Product C 500,000 $6 per unit $3.00 per unit $18 per unit

a. Allocate the joint costs using the physical output method.

b. Allocate the joint costs using the net realizable value method.

c. Allocate the joint costs using sales value at split-off point method.