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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 $191,000. Additional information
The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $191,000. Additional information follows If Processed Further Units Sales Value at Split-Off 5 268,0D0 23,500 157,500 Product Produced Sales Values Addtional Costs 82 500 57,750 24.750 555,D0O 13,000 33,D0 S 32000 KB KC 290,000 220 000 Required a. Assuming that joint product costs are allocated using the physical quantiies (units produced) method, what was the total cost of product KA (including $55,000 if processed furtheri? (Do not round your intermediate calculations.) cost a b. Assuming that joint product costs are allocated using the sales value at split-off (net realizable value nethod), what was the total cost of product KB (including the $43,000 if processed furthery? (Do not round your intermediate calculations.) cost o
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