The Sunny Oil Company buys crude vegetable oil. Refining this oil results in four products at the splitoff point. A, B, C, and D. Product C is fully processed by the splitoff point. Products A, B, and D can individually be further refined into Super A, Super B, and Super D. In the most recent month (December), the output at the splitoff point was as follows: (Click the icon to view the information.) Read the requirements. More Info Requirement 1. Compute the gross-margin percentage for each product sold in December, using the different methods for allocating the $40,000 joint costs. Product A, 250,000 gallons Product B, 95,000 gallons a. Sales Value at Splitoff. Begin by entering the amounts in the table and allocate the joint costs. (Enter the weights to four decimal places.) Sales value of total production at splitoff Weighting A Joint costs allocated B C D Enter any number in the edit fields and then click Check Answer. 10 parts Clear AIL Product C, 45,000 gallons Product D, 110,000 gallons The joint costs of purchasing and processing the crude vegetable oil were $40,000. Sunny had no beginning or ending inventories. Sales of product C in December were $60,000. Products A, B, and D were further refined and then sold. Data related to December are as follows: Separable Processing Costs to Make Super Products Revenues Super A Super B $ 170,000 $ 60,000 250,000 100,000 Super D 5,000 25,000 Sunny had the option of selling products A, B, and D at the splitoff point. This alternative would have yielded the following revenues for the December production: Product A, $40,000 Product B, $30,000 Product D, $70,000 ?