Question: b. Allocate the joint costs using the physical measure method. Enter the amounts in the table and allocate the joint costs. (Enter the weights to




b. Allocate the joint costs using the physical measure method. Enter the amounts in the table and allocate the joint costs. (Enter the weights to four decimal places.) The Western Oil Company buys crude vegetable oil. Refining this oil results in four products at the splitoff point. A, B,C, and D. Product C is fully processed by the splitoff point. Products A,B, and D can individually be further refined into Super A, Super B, and Super D. In the most recent month (November), the output at the splitoff point was as follows: (Click the icon to view the information.) Read the requirements. - Product A, 250,000 gallons - Product B, 95,000 gallons - Product C, 45,000 gallons - Product D, 110,000 gallons The joint costs of purchasing and processing the crude vegetable oil were $40,000. Western had no beginning or ending inventories. Sales of product C in November were $60,000. Products A, B, and D were further refined and then sold. Data related to November follow: More info Western had the option of selling products A, B, and D at the splitoff point. This alternative would have yielded the following revenues for the November production: - Product A, $40,000 - Product B, $30,000 - Product D, \$70,000
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