Refer to the data given in the preceding exercise.

Required: 

Use the relative-sales-value method to allocate Breakfast time Cereal Company's joint production cost between Yummies and Crummies.

Data From Preceding Exercise:-

Breakfast time Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows:

Joint Cost $90,000 Cereal Yummies. Quantity at Split-Off Point Sales Price per Kilogram 12,000 kilograms $6.00 Crummies.. 8,000 kilograms 7.50