ebook 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 targe blemish Free peaches that can be sold to gourmet fruit sellers Grade 8 peaches are smaller and may be slightly out of proportion. These are backed in boxes and sold to grocery stores, Praches to be sliced for canned peaches are even smule than Grade peaches and have blernishes Peaches to be pureed for use in acest of lower Orade than peaches for slices, yet sollfood grade for canning Information on a recent purchase of 28,000 pounds of peaches is as follows Grades Pounds Grade A 2,240 Grade 5,600 9,800 Shoes Puree 10,360 38,090 Total Total joint costs $19.600 Required: 1. Allocate the joint cost to the four grades of peaches using the physical units method Joint Cost Grades Allocation Grade A Grade Required: 1. Allocate the joint cost to the four grades of peaches using the physical units method Joint Cost Grades Allocation Grade A Grade Slice Pureed Total 2. Allocate the joint cost to the four grades of peaches by finding the average joint cost per pound and multiplying it by the number of pounds in the grade. Round the average cost answer to the nearest cent. Average cost per pound Joint Cost Grades Allocation Grade A Grade Slices 2. Allocate the joint cost to the four des of peaches by finding the average ont cost per pound and multiplying it by the number of pounds in the grade. Round the average cost answer to the nearest cent. Average cost por pound Joint Cost Grades Allocation Grade A Orade i ured 3. What if there were 2,800 pounds of crede Apeaches and 5.040 pounds of rade ? How would that affect the allocation of cost to these two orades? How would it affect allocation of cost to the remaining common gendes? Joint COSE Grades Allocation Orade A Grade Pureed