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The Sunny Oil Company buys crude vegetable oil Refining this oil results in four products at the splitoff point. A, B, C, and D.

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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 Requirement 1. Compute the gross-margin percentage for each product sold in December, using the different methods for allocating the $40,000 joint costs 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 Joint costs allocated ABC D Compute the gross margin percentage using the sales value at splitoff method to allocate the joint costs (Enter a "0" for any cells with a zero balance Round the percentages to two decimal places, XXX% Use parentheses or a minus sign when entering negative amounts.) Revenues Super A Super B C Super D

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