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Scent of Money makes three products that can be sold at split-off processed further and then sold. The joint cost for April 2013 is $1,080,000.
Scent of Money makes three products that can be sold at split-off processed further and then sold. The joint cost for April 2013 is $1,080,000. The number of ounces in a bottle of each product is perfune, one; eau de toilette, two; and body splah, three. Assume that all products are processed further after split-off.
a. Allocate the joint cost based on the number of bottle, weight, and approximated net realizable value at aplit-off. (Round to the nearest whole percentage)
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