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[The following information applies to the questions displayed below.] Gleed Company manufactures products Alpha, Beta, and Gamma from a joint process. Production, sales, and cost

[The following information applies to the questions displayed below.]

Gleed Company manufactures products Alpha, Beta, and Gamma from a joint process. Production, sales, and cost data for July follow.

Alpha Beta Gamma Total
Units produced 5,000 2,600 1,400 9,000
Joint cost allocation $ 64,800 ? ? $ 98,000
Sales value at split-off ? ? $ 27,000 $ 180,000
Additional costs if processed further $ 10,100 $ 7,500 $ 5,300 $ 22,900
Sales value if processed further $ 141,000 $ 57,500 $ 51,000 $ 249,500

Problem 17-29 Part 1

Required:
1.

Assuming that joint costs are allocated using the relative-sales-value method, what were the joint costs allocated to products Beta and Gamma? (Do not round intermediate calculations.)

Allocation of joint costs
Beta ???
Gamma ???

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