Question1. Jordan, Inc. produces 2 products from a joint process costing $24,000.The results from the most recent period follow:

Sales Value Separable Sales Value After

Product Tons at Split-Off Costs Further Processing

Alpha-1 800 $10,000 $12,000 $24,000

Alpha-2 400 8,000 4,000 20,000

1. If Jordan uses the sales value at split-off point method, the joint costs allocated to Alpha-1and Alpha-2 would be?

2. If Jordan uses the net realizable value method or ultimate market value, the joint costs allocated to Alpha-1 and Alpha-2 would be?

3. If Jordan uses the average unit cost method, the joint costs allocated to Alpha-1 and Alpha-2 would be?

Answer rating: 100% (QA)

1 If Jordan uses the sales value at splitoff point method the joint costs allocated to Alpha1 and Alpha2 would be based on their respective sales valu... View the full answer