Business, 02.04.2020 02:54 alishastevens16

Physical Units Method Alomar Company manufactures four products from a joint production process: barlon, selene, pliocene, and cortisol. 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 pliocene, 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. Carry out all percent calculations to four significant digits and show ALL your work

Required:

1. Allocate the joint costs using the physical units method.

2. Suppose that the products are weighted as shown on page 368.

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Physical Units Method Alomar Company manufactures four products from a joint production process: bar...