Chapter 17, Problem 30P

Berger Company manufactures products Delta, Kappa, and Omega from a joint process. Production, sales, and cost data for July follow.

Required:

1. 1. Assuming that joint costs are allocated using the relative-sales-value method, what were the joint costs allocated to products Kappa and Omega?
2. 2. Assuming that joint costs are allocated using the relative-sales-value method, what was the sales value at split-off for product Delta?
3. 3. Use the net-realizable-value method to allocate the joint production costs to the three products. (CPA, adapted)