Question: Allocating Joint Costs Using the Physical Units Method Sunny Lane, Inc., purchases peaches from local orchards and sorts them into four categories, Grade A are

 Allocating Joint Costs Using the Physical Units Method Sunny Lane, Inc.,
purchases peaches from local orchards and sorts them into four categories, Grade
A are large bler packed in boxes and sold to grocery stores.

Allocating Joint Costs Using the Physical Units Method Sunny Lane, Inc., purchases peaches from local orchards and sorts them into four categories, Grade A are large bler packed in boxes and sold to grocery stores. Peaches to be sliced for canned peaches are even smaller than Grade B. cahning. Information on a recent purchase of 20,000 pounds of peaches is as follows: Total joint cost is $18,000. Required: 1. Allocate the joint cost to the four grades of peaches using the physical units method. 2. Allocate the joint cost to the four grades of peaches by finding the average joint cost per pound and multiplying Average cost =$ per pound. \begin{tabular}{|c|c|} \hline Grader & Revelt \\ \hline arible A & lasbe \\ \hline Grate n & s.ape \\ \hline caves & e.000 \\ \hline Pireed & k.s00 \\ \hline Tiea: & 20,000 \\ \hline \end{tabular} Jaint ceat \begin{tabular}{|c|c|c|} \hline Grates & Allinerien & \\ \hline Gratip a & 1,250 & \\ \hline Quoes & 4,200. & \\ \hline slacet & & \\ \hline helewi & =4,500 & % \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline Gate A & 1,750 & \\ \hline Crate B & 4,500 & v \\ \hline Fhen & 7,760 & \\ \hline nurvet & 4.050 & 1 \\ \hline Tonal & tatobs & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline & e. & \multicolumn{2}{|c|}{ ] / per paind } \\ \hline & \multicolumn{3}{|c|}{ Joint Cont } \\ \hline & \multicolumn{3}{|c|}{ aleranien } \\ \hline brete A & & 1.350 & \\ \hline onde 12 & & 4.300 & \\ \hline Shent & & & 12 \\ \hline nompet & & 4.510 & \\ \hline \end{tabular} Ineint Cast \begin{tabular}{|c|c|c|} \hline Conten & Alestatien & \\ \hline Crate A & & \\ \hline ondes & \& & \\ \hline Gees & 7,200 & 18 \\ \hline numes & 4,050 & \\ \hline \end{tabular}

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