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Sales - Value - at - Split - off Method Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol.
SalesValueatSplitoff 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:
Direct materials $
Direct labor
Overhead
At the splitoff point, a batch yields barlon, selene, plicene, and corsol. All products are sold at the splitoff point: barlon sells for $ per unit, selene sells for $ per unit, plicene sells for $ per unit, and corsol sells for $ per unit.
Required:
Allocate the joint costs using the salesvalueatsplitoff method. If required, round allocation rates to four decimal places and round the final allocations to the nearest dollar.
Allocated Joint Cost
Barlon $fill in the blank
Selene fill in the blank
Plicene fill in the blank
Corsol fill in the blank
Total $fill in the blank
Note: The total of the allocated cost may not equal actual total costs to due to rounding.
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