Stulce Inc produces joint products A, B, and C from a joint process.

A B C Total Units Sold 2,500 4,000 1.500 8,000 Price (after addt'l processing) $35 $22 $15 Separable Processing cost $35,000 $12,000 $16,000 $63,000 Units Produced 2.500 4,000 1.500 8,000 Total Joint Cost $120,000 Sales 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. Allocate the joint costs to the joint products using the physical measure method. 2. Calculate the gross margin for each of the three products using the cost allocation for the physical measure method in part (1) above. 3. Allocate the joint costs to the joint products using the net realizable method. 4. Calculate the gross margin for each of the three products using the cost allocation for the net realizable value method in part (3) above.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: A B C Total Units Sold 2,500 4,000 1,500 8,000 Price (after addt'l processing) $35 $22 $15 Separable Processing cost $35,000 $12,000 $16,000 $63,000 Units Produced 2.500 4,000 1,500 8,000 Total Joint Cost $120,000 Sales Price at Split-off $25 $12 $13