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e joint costs using the ces and round the final allocations to the nearest dollar. sales-value-at-split-off method. If required, round allocation rates to four Allocated Joint Cost 10,238 X 25,351 X 31,689 X 59,722 X X total of the allocated cost does not equal actual total costs to rounding.)

e joint costs using the ces and round the final allocations to the nearest dollar. sales-value-at-split-off method. If required, round allocation rates to four Allocated Joint Cost 10,238 X 25,351 X 31,689 X 59,722 X X total of the allocated cost does not equal actual total costs to rounding.)

FINANCIAL ACCOUNTING
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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Sales-Value-at-Split-off Method Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct materials Direct labor Overhead $67,900 34,000 25,500 At the split-off point, a batch yields 1,400 barlon, 2,600 selene, 2,500 plicene, and 3,500 corsol. All products are sold at the split-off point: barlon sells for $15 per unit, selene sells for $20 per unit, plicene sells for $26 per unit, and corsol sells for $35 per unit.
Transcribed Image Text:Sales-Value-at-Split-off Method Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct materials Direct labor Overhead $67,900 34,000 25,500 At the split-off point, a batch yields 1,400 barlon, 2,600 selene, 2,500 plicene, and 3,500 corsol. All products are sold at the split-off point: barlon sells for $15 per unit, selene sells for $20 per unit, plicene sells for $26 per unit, and corsol sells for $35 per unit.
Required: Allocate the joint costs using the decimal places and round the final allocations to the nearest dollar. Barlon Selene Plicene Corsol Total sales-value-at-split-off method. If required, round allocation rates to four Allocated Joint Cost 10,238 X 25,351 X 31,689 X 59,722 X X (Note: The total of the allocated cost does not equal actual total costs to rounding.)
Transcribed Image Text:Required: Allocate the joint costs using the decimal places and round the final allocations to the nearest dollar. Barlon Selene Plicene Corsol Total sales-value-at-split-off method. If required, round allocation rates to four Allocated Joint Cost 10,238 X 25,351 X 31,689 X 59,722 X X (Note: The total of the allocated cost does not equal actual total costs to rounding.)
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