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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. The joint costs for one batch are as
Sales-Value-at-Split-off 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 $72,000 Direct labor 33,000 Overhead 26,000 At the split-off point, a batch yields 1,500 barlon, 3,100 selene, 3,000 plicene, and 3,200 corsol. All products are sold at the split-off point: barlon sells for $16 per unit, selene sells for $22 per unit, plicene sells for $26 per unit, and corsol sells for $40 per unit. Required: Allocate the joint costs using the sales-value-at-split-off method. If required, round allocation rates to four decimal places and round the final allocations to the nearest dollar. Allocated Joint Cost Barlon $ Selene Plicene Corsol $ Total (Note: The total of the allocated cost may not equal actual total costs to due to rounding.) 7:56 PM 12/20/2021 o DEI When spoilage is assumed to be normal, it is not tracked separately but is simply included in the total cost of good units. True False
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