Sales-Value-at-Split-off Method Alomar Company manufactures four products from a joint production process: barlon, selene, plicene,...
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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 $63,000 Direct labor 30,000 Overhead 25,000 At the split-off point, a batch yields 1,600 barlon, 2,600 selene, 2,500 plicene, and 3,600 corsol. All products are sold at the split-off point: barlon sells for $15 per unit, selene sells for $22 per unit, plicene sells for $29 per unit, and corsol sells for $38 per unit. Required: Allocate the joint costs using the sales-value-at-split-off method. If required, round allocation rates to four decimal places and round the final allocations to the nearest dollar Allocated Joint Cost Barlon 9,748.71 X Selene Plicene Corsol Total (Note: The total of the allocated cost may not equal actual total costs to due to rounding.)
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