9 /takeAssignment/take Assignment Main.doinvokertakeAssignmentSessionLocator=inprogress=false eo cBook Calculator Joint cost allocation Lovely Lotion Inc. produces three different lotions: hand, body, and foot. The lotions are produced jointly in aming process that costs a total of $250 per batch. At the spit off point, one batch produces 30, 40, and 2 bottles of hand, body, and foot lotion, respectively. After the split-off point, hand lotion is sold inmediately for $2.50 per bottle Body lotion is processed further at an additional cost of $0.25 per bottle and then sold for $5.75 per bottle. Footlotion is processed further an additional cost of $0.05 per bottle and then sold for $4.00 per bottle. Assume that body and foot lotion could be sold at the split off point for $3.00 and $3.20 per bottle, respectively 1. Using the market value at split-off method, locate the joint costs of production to each product Round your answers to two decimal places. Market Value Total Market Percent of Bottles per Bottle Value Total MV at Joint Product per Batch Spliton Spit on Split-on Joint Costs Allocation Handlotion Body lotion Footlotion Total 2. A lotion manufacturing company produces three types of lotions. After the split off point the company continues to sell the body lotion and makes $0,25 profit per bottle. The foot on generates 10.05 loss per bottle if it contin after the point which lotion should be continued after the split-off point? Handlotion 6. Body lotion Foot lotion d. Body and foot lotion 3. Allocate the Joint costs of production to each product Value method. Round your answers to two decimal places Assignment/takeAssignment Man.do?invokeretakoasignmentSestion locator &inprogress=false BOOK Calculator Body lotion Il Foot lotion Totals 2. A lotion manufacturing company produces three types of lotions. After the split off point the company continues to sell the body lotion and makes $0.25 profit per bottle. The foot lotion generates $0.05 loss per bottle it continues after the split-off point. Which lotion should be continued after the split-off point? a. Handlotion Body lotion Foot lotion d. Body and foot lotion 3. Allocate the joint costs of production to each product using the treatable value method. Round your answers to two decimal places Greater of Total NRV and Total Market Value at Split-on Total Net Realizable Value Added Cost Propo Market Value per ottle at Split-off Total Market Value at Split-on Bottles per Batch NRV per Bottle Market Price per te Joint Product Handlotion Body lotion Foot lotion