Sales Value-at-Split-off Method Alomar company manufactures four products from a loint production process: barlon, seleno,...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Sales Value-at-Split-off Method Alomar company manufactures four products from a loint production process: barlon, seleno, plicone, and corsol. The Joint costs for one batch are as follows: Direct materials $64,500 Direct labor 38,000 Overhead 27,000 At the split off point, a batch vields 1,800 barlon, 2,200 selene, 2,100 pllcene, and 3,200 corsol. All products are sold at the split off point: barion sells for $16 per unit selene sells for $23 per unit, plicene sells for $29 per unit, and coesol sells for $39 per unit. Required: Allocate the Joint costs using the sales value at solltof method. It required, round allocation rates to four decimal places and round the final allocations to the nearest dollar Allocated Joint Cost Barion X Selene plicone X Coro X Total X
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
