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Eco Fooda produces two types of microwavable products best-flavored remen and shrimp-flavored ramen. The two products share common inpute such & noodle and spices. The production of ramen results in a waste product referred to as stock, which Eco dumpe at negligible costs in a local drainage area. In June 2020, the following data were reported for the production and sales of beel-flavored and strip-flavored ramen: (Cick the icon to view the data.) Due to the popularity of its microwavable products Eco decides to add a new line of products that targats deters. These new products are produced by adding a special ingredient to diute the original ramren and are to be sold under the names Special B and Special S.respecively. Following are the inonthly data for al the products (Click the icon to view the monthly data for all pre Read the requirements. Requirements Requirement 1. Calculate Eco's gruss margin percentage for Special B and Special Susing the different methods for allocating the joint costs. a. Allocate the joint casts using the sales value at splitof method. Begin by entering the amounts in the table and allocate the joint costs. (Enter the weighting to two decimal places.) Ssies vale a scato Special B) Specials beef ramen shrimp ramen Total Sales value of total production at spilltoft Weighting Joint costs allocated 1. Calculate Esa's grass-margin percentage for Special and Specials when joint costs are allocated using the following a. Salcs value at splitoff method b. Physical measure method c. Nat realizable value method 2. Recently, Eco discovered that the stock it is dumping can be sold to cattle ranches at $6 pertan. In a typical manth with the production levels shown. 2.000 tons of stock are produced and can be add by incurring marketing costs of 38,700. Sherrie Dong, a management accountant, paints out that treating the stock as a joint product and using the sales value at salitaff method, the stock product would lose about $1,008 each month, so it should not be sok. How did Dong arrive at that final number, and what do you think of her analysie? Should Eou sell the stock? Print Print Done Data Table Data Table A A Joint Costs D E Special B Specials 1 Joint costs costs of noodles, spices, and other 2 Inputs and processing to spinat paint) Joint Costs S 30X1,000 Beef Shrimp Ramen Ramen S 300,000 3 11 Joint costs (coats af noodles, spices, and other 12 inputs and processing to spitott point) Separable costs of processing 12,000 tons of 13 Beef Ramen into 15,000 tons of Special B Separable costs of processing 22,000 tons of 14 Shrimp Ramen inlo 25,000 tons of Special S S 105.000 $ 250,000 4 Beginning inventary (tons) 5 Production itons) 6 Sales (tone) 7 Salling price perton 0 12,000 12,000 2018 22,0001 22,000 15 Beef Ramen Shrimp Ramen 0 S 45 0 16 Beginning inventory (tons) 17 Production (tors) 18 Transfer for further processing (ons) Special B Specials 0 0 15.000 25,000 12.000 12.000 22,000 22,000 Print Done 19 Sales Tons! 25,000 15.000 301 30 20 Saling price perton IS 25 $ 45 S Eco Fooda produces two types of microwavable products best-flavored remen and shrimp-flavored ramen. The two products share common inpute such & noodle and spices. The production of ramen results in a waste product referred to as stock, which Eco dumpe at negligible costs in a local drainage area. In June 2020, the following data were reported for the production and sales of beel-flavored and strip-flavored ramen: (Cick the icon to view the data.) Due to the popularity of its microwavable products Eco decides to add a new line of products that targats deters. These new products are produced by adding a special ingredient to diute the original ramren and are to be sold under the names Special B and Special S.respecively. Following are the inonthly data for al the products (Click the icon to view the monthly data for all pre Read the requirements. Requirements Requirement 1. Calculate Eco's gruss margin percentage for Special B and Special Susing the different methods for allocating the joint costs. a. Allocate the joint casts using the sales value at splitof method. Begin by entering the amounts in the table and allocate the joint costs. (Enter the weighting to two decimal places.) Ssies vale a scato Special B) Specials beef ramen shrimp ramen Total Sales value of total production at spilltoft Weighting Joint costs allocated 1. Calculate Esa's grass-margin percentage for Special and Specials when joint costs are allocated using the following a. Salcs value at splitoff method b. Physical measure method c. Nat realizable value method 2. Recently, Eco discovered that the stock it is dumping can be sold to cattle ranches at $6 pertan. In a typical manth with the production levels shown. 2.000 tons of stock are produced and can be add by incurring marketing costs of 38,700. Sherrie Dong, a management accountant, paints out that treating the stock as a joint product and using the sales value at salitaff method, the stock product would lose about $1,008 each month, so it should not be sok. How did Dong arrive at that final number, and what do you think of her analysie? Should Eou sell the stock? Print Print Done Data Table Data Table A A Joint Costs D E Special B Specials 1 Joint costs costs of noodles, spices, and other 2 Inputs and processing to spinat paint) Joint Costs S 30X1,000 Beef Shrimp Ramen Ramen S 300,000 3 11 Joint costs (coats af noodles, spices, and other 12 inputs and processing to spitott point) Separable costs of processing 12,000 tons of 13 Beef Ramen into 15,000 tons of Special B Separable costs of processing 22,000 tons of 14 Shrimp Ramen inlo 25,000 tons of Special S S 105.000 $ 250,000 4 Beginning inventary (tons) 5 Production itons) 6 Sales (tone) 7 Salling price perton 0 12,000 12,000 2018 22,0001 22,000 15 Beef Ramen Shrimp Ramen 0 S 45 0 16 Beginning inventory (tons) 17 Production (tors) 18 Transfer for further processing (ons) Special B Specials 0 0 15.000 25,000 12.000 12.000 22,000 22,000 Print Done 19 Sales Tons! 25,000 15.000 301 30 20 Saling price perton IS 25 $ 45 S