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7.26 Sales-Value-at-Split-off Method Allocate the joint costs using the sales-value-at-split-off method. Alomar Company manufactures four products...

7.26 Sales-Value-at-Split-off Method

Allocate the joint costs using the 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 $67,900

Direct labor 34,000

Overhead 25,500

At the split-off point, a batch yields 1,400 barlon, 2,600 selene, 2,500 plicene, and 3,500 corsol. All products are sold at the split-off point: barlon sells for $15 per unit, selene sells for $20 per unit, plicene sells for $26 per unit, and corsol sells for $35 per unit.

Barlon 1.0

Selene 2.0

Plicene 1.5

Corsol 2.5

Allocate the joint costs using the weighted average method.

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ekkarill92 answered 1 year ago
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