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steps and answer plz 05.04 Joint Cost Allocation - Physical Units Method Blake's Blacksmith Co. produces two types of shotguns, a 12-gauge and 20-gauge. The
steps and answer plz 05.04
Joint Cost Allocation - Physical Units Method Blake's Blacksmith Co. produces two types of shotguns, a 12-gauge and 20-gauge. The shotguns are made through a joint production process that ultimately produces 2012 -gauge shotguns and 20 20-gauge shotguns and costs a total of $4,200 per batch. After the split-off point, each type of shotgun goes through an additional crafting process before it is sold. The additional production process of the 12 -gauge shotgun costs $20 per gun, after which it is sold for $174 per gun. The additional production process of the 20 -gauge shotgun costs $28 per gun, after which it is sold for $144 per gun. Determine the amount of joint production costs allocated to each type of shotgun using the physical units methodStep by Step Solution
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