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To allocate the joint costs to each of the four ice cream flavors (vanilla, strawberry, chocolate, and Neapolitan) using the sales value at split-off method,
To allocate the joint costs to each of the four ice cream flavors (vanilla, strawberry, chocolate, and Neapolitan) using the sales value at split-off method, we need the following information: 1. Total joint costs: $77,800 2. Quantity of vanilla ice cream produced: 3,200 gallons 3. Quantity of strawberry ice cream produced: 3,200 gallons 4. Quantity of chocolate ice cream produced: 2,000 gallons 5. Quantity of Neapolitan ice cream produced: 1,000 gallons 6. Selling price of vanilla ice cream: $2.00/gallon 7. Selling price of strawberry, chocolate, and Neapolitan ice cream: $2.50/gallon Let's calculate the allocated joint costs for each ice cream flavor
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