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Split Company produces three products - X Y and Z -- from a joint process. Each product may be sold at the split-off point or
Split Company produces three products - X Y and Z -- from a joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to t products involved Last year all three products were processed beyond split-off. Joint production costs for the year were $120,000. Sales values and costs needed to evaluate Split's production policy follow. Product x x Units Produced 16.000 IB 10.000 Sales Value at Split off $ 40,000 15 000 116, epe If Processed Further Sales Value Additional Costs $ 80,000 $ 1,200 40,000 3,000 30,000 1,500 The amount or joint costs allocatea ta product 2 using the sales value at split-off method is (calculate all ratlos and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar) Multiple Chaise o $20.341 0525352 $27042 O $33,687 o $67806
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