Allocate the joint costs using the physical measure method. Begin by entering the appropriate amounts to allocate the joint costs. $($Round the weighting amounts to four decimal$$ places.$)$

$$

Physical measure of

$$

Joint costs

$$

total production

Weighting

allocated

Chocolate powder

$$

$$

$$

Milk chocolate

$$

$$

$$

Total

$$

$$

$$

c$.$ Allocate the joint costs using the

NRV

method. Begin by entering the appropriate amounts to allocate the joint costs. $($Round the weighting amounts to four decimal places. Round the joint costs allocated to the nearest whole$$ dollar.$)$

$$

Net realizable

$$

Joint costs

$$

value

Weighting

allocated

Chocolate powder

$$

$$

$$

Milk chocolate

$$

$$

$$

Total

$$

$$

$$

d$.$ Constant$$ gross$-$margin percentage NRV method. Begin by entering the appropriate amounts to allocate the joint costs. $($Round the percentage to four decimal$$ places, X$.$XXXX$\%.)$

The overall gross$-$margin percentage for all joint products together is

$$

$\%.$

Now determine the formula to compute the joint costs$$ allocated, then enter the appropriate amounts. $($Round your answers to the nearest whole$$ dollar.$)$

$$

$$

$-$

$$

$=$

Joint costs allocated

Chocolate powder

$$

$-$

$$

$=$

$$

Milk chocolate

$$

$-$

$$

$=$

$$

Requirement $3.$ Could

Cocoa NibsCocoa$$Nibs

Edibles Factory have increased its operating income by a change in its decision to fully process both of its intermediate$$ products? Show your computations. $($Use parentheses or a minus sign when entering decreasing$$ amounts.$)$

Begin by determining the formula to compute the$$ increase$/($decrease$)$ in operating$$ income, then enter the appropriate amounts.

$$

$$

$$

$$

$$

Increase$/($decrease$)$

$$

$$

$-$

$$

$=$

in operating income

Chocolate powder

$$

$-$

$$

$=$

$$

Milk chocolate

$$

$-$

$$

$=$

$$

Cocoa NibsCocoa$$Nibs

Edibles Factory could increase operating income if$$ chocolate$-$powder liquor base is

$$

$$

and if$$ milk$-$chocolate liquor base is

$$

$$