Question
There are three light fixtures. 70 bronze; 120 gold; & 35 silver. The common costs for those 225 fixtures was $38,650. Here are some more
There are three light fixtures. 70 bronze; 120 gold; & 35 silver. The common costs for those 225 fixtures was $38,650. Here are some more numbers that production gave me. Gold glass is $2.25 per panel. Bracket is $4.25. Bronze glass is $.75 per panel. Bracket is $3.25. Silver glass is $1.75 per panel and bracket is $2.73.
Given the processing sequence, is there a split off point or points? What does that mean? If there is a split off point or points, where is it or where are they? Explain.
What allocation method did you use? What base did you use to allocate the common costs?
Allocate the joint costs to the lot of the three fixture types.
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