Johns Company manufactures products R, S, and T from a joint process The following information...
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Accounting
Johns Company manufactures products R, S, and T from a joint process The following information is available: | ||||||||||||||||||||||
Product | ||||||||||||||||||||||
R | S | T | Total | |||||||||||||||||||
Units produced | 10,800 | ? | ? | 21,700 | ||||||||||||||||||
Sales value at split-off | ? | ? | $45,000 | $180,000 | ||||||||||||||||||
Joint costs | $44,000 | ? | ? | $111,000 | ||||||||||||||||||
Sales value if processed further | $102,000 | $80,000 | $12,900 | $194,900 | ||||||||||||||||||
Additional cost of processed further | $16,600 | $12,700 | $45,000 | $74,300 | ||||||||||||||||||
Assuming that joint product costs are allocated using the relative-sales-value at split-off approach, what was the sales value at split-off for products R and S? | ||||||||||||||||||||||
Product R | Product S | |||||||||||||||||||||
A) | $46,351 | $68,649 | ||||||||||||||||||||
B) | $54,351 | $74,649 | ||||||||||||||||||||
C) | $71,351 | $63,649 | ||||||||||||||||||||
D) | $82,351 | $76,649 | ||||||||||||||||||||
E) | $92,351 | $85,649 |
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