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The Vapor Compary produces two products, turpentine and methanol (wood alcohol), ty a jont process. Joint costs amount to $154, 000 per batch of cutput

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The Vapor Compary produces two products, turpentine and methanol (wood alcohol), ty a jont process. Joint costs amount to $154, 000 per batch of cutput Each batch folats 35 . 000 litres: 25% methanol and 75% turpentine. Both products are procossed futher without gain or loss in volume. Segarable procesting coats are methand, $1.00 per lite, turpentine, 50.45 pee lete. Methanol cels for $5.80 per litre; turpentine sells for $4.70 pet itee Requirement 1. How much joint costs per basch thould be alocated to turpentire and la methanol, assuming that jord costs ase alocated bosed on a phipical manure (rumber of lites at aplito point) batis? Caloulate the amount of the joint costs per batch that will be asocaied to hurpectine and to methanol using the physcol measure method. Astume that joint coats are miocaled based on the number of teres at spititot point, (Round the woightenge to five decimal places)

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