Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The...

 

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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 Direct labor $66,000 32,000 Overhead 27,000 At the split-off point, a batch yields 1,100 barion, 2,300 selene, 2,200 plicene, and 3,600 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $23 per unit, plicene sells for $28 per unit, and corsol sells for $40 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. Barion Selene Plicene Corsol Allocated Joint Cost 8,432.53 X 23,855 X 64,935.1 X 125,000 X (Note: The total of the allocated cost may not equal actual total costs to due to rounding.) Total 27,778 X 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 Direct labor $66,000 32,000 Overhead 27,000 At the split-off point, a batch yields 1,100 barion, 2,300 selene, 2,200 plicene, and 3,600 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $23 per unit, plicene sells for $28 per unit, and corsol sells for $40 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. Barion Selene Plicene Corsol Allocated Joint Cost 8,432.53 X 23,855 X 64,935.1 X 125,000 X (Note: The total of the allocated cost may not equal actual total costs to due to rounding.) Total 27,778 X

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Total joint cost Direct materials 66000 Direct labor 3100... View the full answer