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 $75,000 Direct labor 39,000 Overhead 25,000 At the split-off point, a batch yields 1,300 barlon, 3,200 selene, 3,100 plicene, and 3,300 corsol. All products are sold at the split-off point: barlon sells for $18 per unit, selene sells for $22 per unit, licene sells for $26 per unit, and corsol sells for $37 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 10,970 X Selene 33,004 X Plicene 37,785 X Corsol 57,241 X Total 139,000 X 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 Barion 10,970 X Selene 33,004 X Plicene 37,785 X Corsol 57,241 x Total 139,000 x (Note: The total of the allocated cost may not equal actual total costs to due to rounding.) Feedback Check My Work 1. Under the Sales-Value-at-Split-off method, the higher the market value, the greater the share of joint cost charged against the product. 2. The weighting factor based on market value at split-off is almost the same as the weighting factor method under physical units. However, here, the weighting factor is based on sales value instead of any other considerations