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The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $199, 000. Additional
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $199, 000. Additional information follows: Required: Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA (including $53, 000 if processed further)? (Do not round your intermediate calculations.) Total cost of product KA Assuming that joint product costs are allocated using the sales value at split-off (net realizable value method), what was the total cost of product KB (including the $45, 000 if processed further)? (Do not round your intermediate calculations.) Total cost of product KB
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