Chapter 7 Connect Homework 0 Saved Help Save & Exit Submit Check my work J The following information relates to a joint production process for three products, with a total joint production cost of $130,000. There are no separable processing costs for any of the three products. Part1of4 Sales Value at Units at - Product Split-off Split-Off 1 5 159,999 599 2 52,999 875 1 3 39,999 1, 125 F\")ims $ 269,999 2, 599 eBook What percentage ofjoint cost is allocated to each of the three products using the sales value at splitoff method? Check my work 8 The following information relates to a joint production process for three products, with a total joint production cost of $130,000. There are no separable processing costs for any of the three products. Part 2 of 4 _ Sales Value at Units at Product Split-off Split-Off 1 $ 169,999 599 1 2 52,999 875 . 3 39,999 1,125 poms $ 269,999 2, 599 Spred What percentage ofjoint cost is allocated to each of the three products using the physical units method? eBook Check my work The following information relates to ajoint production process for three products, with a total joint production cost of $130,000. There are no separable processing costs for any of the three A products. Sales Value at Units at Product Split-Off Split-Off 1 $ 169,096 599 2 52,996 875 3 39,666 1,125 $ 256,666 2,566 Assume that the total sales value at the split-off point for product1 is $78,000 instead of $169,000 and the sales value of product 3 is $2,600 instead of $39,000. Assume also that, because of its relatively low sales value, the firm treats product 3 as a by-product and uses the asset recognition method for accounting for by-products. What amount ofjoint cost would be allocated to the products using the sales value at split-off method? V Check my work 10 joint production cost of $130,000. There are no separable processing costs for any of the three products. Sales Value at Units at Product Split-Off Split-Off Part 4 of 4 1 $ 169, 000 500 52, 000 875 39 , 000 1, 125 $ 260, 000 2, 500 1 points Skipped Assume that the total sales value at the split-off point for product 1 is $78,000 instead of $169,000 and the sales value of product 3 is $2,600 instead of $39,000. Assume also that the firm treats product 3 as a joint product and uses the net realizable value method for accounting for joint costs. There are no separable processing costs for eBook product 3. What amount of joint costs would be allocated to the three products using the relative sales value method? (Round your intermediate percentage values to 2 decimal places (i.e. 24.35%) and final answers to