Question: Joint Cost Allocation-Physical Units Method Medieval Blacksmith Co, produces two types of decorative swords, a broadsword and a longsword. The swords are made through a
Joint Cost Allocation-Physical Units Method Medieval Blacksmith Co, produces two types of decorative swords, a broadsword and a longsword. The swords are made through a joint production process that ultimately produces 25 broadswords and 25 longswords and costs a total of $3,700 per batch, After the split-off point, each type of sword goes through an additional crafting process before it is sold. The additional production process of the broadsword costs $25 per sword, after which it is sold for $178 per sword. The additional production process of the longsword costs 326 per sword, after which it is sold for $146 per sword. Determine the amount of joint production costs allocated to each type of sword using the physical units method
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