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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

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 addtl 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. Allocate the joint costs to the joint products using the net realizable method.

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