Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs...
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Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products based on relative sales value of the products at the split-off point. Additional information is as follows: X Y Z Total Units produced 33,000 29,000 25,000 87,000 Allocated joint costs $ 132,720 $ 118,500 $ 252,800 $ 504,020 Sales value at split-off ? 150,000 320,000 638,000 Additional costs for further processing 95,000 87,000 60,000 242,000 Sales value if processed further 823,000 432,000 356,000 1,611,000 Product Xs sales value at the split-off point is:
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