Joint cost allocation market value at split-off method

Man OFort Inc. produces two different styles of door handles, standard and curved. The door handles go through a joint production molding process costing $28,000 per batch and producing 1,600 standard door handles and 800 curved door handles at the split-off point. Both door handles undergo additional production processes after the split-off point, but could be sold at that point: the standard style for $6 per door handle and the curved style for $3 per door handle.

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.

Open spreadsheet

Determine the amount of joint production costs allocated to each style of door handle using the market value at split-off method. Round your answers to the nearest dollar.

Joint Product	Allocation
Standard door handle	$fill in the blank 2
Curved door handle	fill in the blank 3
Totals	$fill in the blank 4