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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 information

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. Units Product Produced KA 84,000 KB 58,800 KC 25,200 Sales Value at Split-Off If Processed Further Sales Values Additional Costs $240,000 210,000 150,000 $350,000 250,000 210,000 $47,000 41,000 29,000 Required: a. Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA (including $47,000 if processed further)? b. 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 $41,000 if processed further)? Complete this question by entering your answers in the tabs below. Required A Required B Assuming that joint product costs are allocated using the physical quantities (units produced) method, what was the total cost of product KA (including $47,000 if processed further)? (Do not round intermediate calculations.) Total cost of product KA Required A Required B 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 $41,000 if processed further)? (Do not round intermediate calculations.) Total cost of product KBimage text in transcribedimage text in transcribed

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