Stulce Inc. produces joint products A, B, and C from a joint process. Information concerning a batch produced in May at a joint cost of $120,000 was as follows:

ABCTotalUnits Sold2,5004,0001,5008,000Price (after addtl processing)$35$22$15 Separable Processing cost$35,000$12,000$16,000$63,000Units Produced2,5004,0001,5008,000Total Joint Cost $120,000Sales Price at Split-off$25$12$13

Required: (Calculate all ratios, percentages, and unit costs to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar.): 1. Determine the unit cost and gross profit for each product assuming that the joint cost is allocated using the physical measure method. 2. Determine the unit cost and gross profit for each product assuming that the joint cost is allocated using the net realizable method.

3. Determine the unit cost and gross profit for each product assuming that the joint cost is allocated using the sales value at the split-off method.

Please make sure you answer all 3 required questions

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