Direct materials Direct labor Overhead Barlon At the split-off point, a batch yields 2,119 barlon, 2,991 selene, 2,991 plicene, and 4,363 corsol. All products are sold at the split-off point: barlon sells for $15 per unit, selene sells for $18 per unit, plicene sells for $25 per unit, and corsol sells for $34 per unit. Selene Required: 1. Allocate the joint costs using the physical units method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar. Note: The total of the allocated cost does no equal to the one provided in the question data due to rounding error. Plicene Corsol Total Barlon Selene Plicene 2. Suppose that the products are weighted as shown below: Corsol Barlon 1.3 Selene $61,935 1.9 34,085 1.2 26,590 2.4 Allocated Joint Cost Allocate the joint costs using the weighted average method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar. Allocated Joint Cost

Direct materials Direct labor Overhead Barlon At the split-off point, a batch yields 2,119 barlon, 2,991 selene, 2,991 plicene, and 4,363 corsol. All products are sold at the split-off point: barlon sells for $15 per unit, selene sells for $18 per unit, plicene sells for $25 per unit, and corsol sells for $34 per unit. Selene Required: 1. Allocate the joint costs using the physical units method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar. Note: The total of the allocated cost does no equal to the one provided in the question data due to rounding error. Plicene Corsol Total Barlon Selene Plicene 2. Suppose that the products are weighted as shown below: Corsol Barlon 1.3 Selene $61,935 1.9 34,085 1.2 26,590 2.4 Allocated Joint Cost Allocate the joint costs using the weighted average method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar. Allocated Joint Cost

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Description: Direct materialsDirect laborOverheadBarlon.At the split-off point, a batch yields 2,119 barlon, 2,991 selene, 2,991 plicene, and 4,363 corsol. All products are sold atthe split-off point: barlon sells for $15 per unit, selene sells for $18 per unit,

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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