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2) Yonica Petroleum is a global manufacturer of specialty chemicals that are made from the...

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2) Yonica Petroleum is a global manufacturer of specialty chemicals that are made from the waste products of the petroleum industry. Yonica in effect recycles a good portion of the waste from the refineries used by large oil companies. The specialty chemicals are used as cleaning solvents and lubricants in industrial applications. Yonica has three products-Y64, G22, and X17-and total joint production costs of $356,000. Yonica plans to process all three products beyond the split-off point in order to be able to sell the products at the higher price after separable processing. Gallons produced and sold Sales price at split-off point Separable procing costs Sales price after separable processing Number of customers Y64 22,000 $2.24 $65,500 $10.50 22 G22 45,500 $2.88 $34,250 $6.75 X17 18.000 $0.44 $55,400 $4.22 46 a) Using the Physical Measure Method, compute the I. Allocated Joint Costs for each product. II. Total cost per unit. b) Using the Sales Value @ Split-Off Method, compute the I. Allocated Joint Costs for each product. II. Total cost per unit. c) Using the Net Realizable Value Method, compute the 1. Allocated Joint Costs for each product. II. Total cost per unit

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