Soy Company produces two products, Soyburgers and Soy steaks. They are produced using a single process. In 2018, the joint costs of this process were $45,000. In addition, 17,000 pounds of soyburgers and 14,000 pounds of soy steaks were produced. Separable processing costs beyond the split-off point were: soyburgers, $7,350; soy steaks, $4,225. If the company chooses to process them further, they will incur additional costs of $0.45 and $0.31 per pound for soyburgers and soy steaks, respectively. Soyburgers sell for $2.35 per pound; Soy steaks sells for $6.21 per pound. Assume soyburgers are assigned a weight of 0.9 and soy steaks are assigned a weight of 1.5. At split-off, the soyburgers sell for $1.70 per pound and soy steaks sell for $5.25 per pound.

Required:

a. Allocate the joint costs using the physical units method.

b. Allocate the joint costs using the weighted average method.

c. Allocate the joint costs using the sales-value-at-split-off method.

d. Allocate the joint costs using the estimated net realizable value method