The Cacao Butter Edibles Factory manufactures and distributes chocolate products. Help with Requirment $2$ & $3.$

The Cacao Butter Edibles Factory manufactures and distributes chocolate products O (Click the icon to view more information about Cacao Butter) Production and sales data for August 2020 are as follows (assume no beginning inventory): O (Click the icon to view the data.) Read the b. Allocate the joint Chocolate powder Milk chocolate Total c. Allocate the joint co Chocolate powder Milk chocolate Total d. Constant gross-ma More info Cocoa beans processed, 31 ,SOO pounds Costs of processing cocoa beans to splitoff point (including purchase of beans), S66,000 Chocolate powder Milk chocolate Production 9,900 pounds 16,200 pounds Sales Separable Selling Price Processing Costs 6,600 pounds SIO per pound S 14,000 pounds $11 per pound S 571090 77,110 al Cacao Butter Edibles Factory fully processes both of its intermediate products into chocolate powder or milk chocolate There is an active market for these intermediate products In August 2020, Cacao Butter Edibles Factory could have sold the chocolate-powder liquor base for S42 a gallon and the milk-chocolate liquor base for SS2 a gallon. More info It purchases cocoa beans and processes them into two intermediate products: chocolate-powder liquor base and milk-chocolate liquor base. These two intermediate products become separately identifiable at a single splitoff point Every 2,100 pounds of cocoa beans yields 40 gallons of chocolate-powder liquor base and 60 gallons of milk-chocolate liquor base The chocolate-powder liquor base is further processed into chocolate powder Every 40 gallons of chocolate-powder liquor base yield 660 pounds of chocolate powder The milk-chocolate liquor base is further processed into milk chocolate Every 60 gallons of milk-chocolate liquor base yield 1 ,080 pounds of milk chocolate print 27.7778 Done The overall gross-margin percentage for all joint products together is Now determine the formula to compute the joint costs allocated, then enter the appropriate amounts. (Round pur a Chocolate powder $ Milk chocolate Total production costs 71,500 128,700 Separable processing costs 571090 77,110 Joint costs allocated 14,410 51 ,590 Requirements . Calculate how the joint costs of $66,000 would be allocated between chocolate powder and milk chocolate under the following methods. a. Sales value at splitoff b. Physical measure (gallons) c. NRV d. Constant gross-margin percentage NRV 2 What are the gross-margin percentages of chocolate powder and milk chocolate under each of the methods in requirement 1? 3. Could Cacao Butter Edibles Factory have increased its operating income by a change in its decision to fully process both of its intermediate products? Show your computations. Requirement 2. What are the gross-margin percentages of chocolate powder and milk chocolate under each of the xxx%_) Chocolate powder Milk chocolate a. Sales value at splitoff s to the nearest hundredth percent, print Done Jes Calculator Clear all Check answer