Sawmill, Inc , (Upper R SI), purchases logs from independent timber contractors and processes the logs into three types LOADING of lumber products These products are the result of a joint sawmill process that involves removal of bark from the logs, cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs LOADING (Click the icon to view the joint cost information ) LOADING (Click the icon to view the per unit information ) LOADING (Click the icon to view additional information )Read the requirements LOADING Requirement 1 Based on the information given for Renkas Sawmill, allocate the joint processing costs of $ 970 comma 000 to the three products using the (a) Sales value at splitoff method, (b) Physical measure method (volume in units), and (c) NRV method a Begin by allocating the joint processing costs of $ 970 comma 000 to the three products using the Sales value at splitoff method (Round the weights to four decimal places ) Studs Decorative pieces Posts Total Monthly unit output Selling price per unit Sales value of total production at splitoff Weighting Joint costs allocated

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Sawmill, Inc., (Upper R SI), purchases logs from independent timber contractors and processes the logs into three types LOADING... of lumber products. These products are

Sawmill, Inc.,

(Upper R

SI),

purchases logs from independent timber contractors and processes the logs into three types

of lumber products. These products are the result of a joint sawmill process that involves removal of bark from the logs, cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs.

(Click the icon to view the joint cost information.)

(Click the icon to view the per-unit information.)

(Click the icon to view additional information.)Read the requirements

Requirement 1. Based on the information given for

Renkas

Sawmill, allocate the joint processing costs of

$ 970 comma 000

to the three products using the (a) Sales value at splitoff method, (b) Physical-measure method (volume in units), and (c) NRV method.

a. Begin by allocating the joint processing costs of

$ 970 comma 000

to the three products using the Sales value at splitoff method. (Round the weights to four decimal places.)

	Studs	Decorative pieces	Posts	Total
Monthly unit output
Selling price per unit
Sales value of total production at splitoff
Weighting
Joint costs allocated