Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indice Problem 7-42 Joint Products [LO 7-6] Choi Company manufactures two skin care lotions, Smooth Skin and Silken Skin, from a joint process. The joint costs incurred are $410,000 for a standard production run that generates 260,000 pints of Smooth Skin and 140,000 pints of Silken Skin Smooth Skin sells for $3.10 per pint, while Silken Skin sells for $410 per pint. (Do not round intermediate calculations. Round final answers to nearest whole dollar amounts.) Required: 1. Assuming that both products are sold at the split-off point, how much of the joint cost of each production run is allocated to Smooth Skin using the relative sales value method? 2. If no separable costs are incurred after the split-off point, how much of the joint cost of each production run is allocated to Silken Skin using the physical measure method? 3. If separable processing costs beyond the split-off point are $1.60 per pint for Smooth Skin and $170 per pint for Silken Skin, how much of the joint cost of each production run is allocated to Silken Skin using a net realizable value method? 4. If separable processing costs beyond the split-off point are $1.60 per pint for Smooth Skin and $170 per pint for Silken Skin, how much of the joint cost of each production run is allocated to Smooth Skin using a physical measure method? Answer is complete but not entirely correct. 1 $ 239.464 2 s Relative sales value method - Smooth Skin Physical measure method - Silken Skin Net realizable value method - Silken Skin Physical measure method - Smooth Skin 3 $ 143,500 149,2053 266,500 S