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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 $30,000 per batch and producing 2,200 standard door handies and 1,100 curved door handles at the split-off polnt. Both door handles undergo additional production processes after the split-off point, but could be sold at that point: the standard style for $4 per door handle and the curved style for $2 per door hand 1. 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. Jaint cost allocation - net realizable value method Nature's Garden Inc, produces wood chips, wood pulp, and mulch. These products are produced through harvesting trees and sending the lags through a waod chipper machlne. One batch of logs produces 20,546 cubic yards of wood chips, 14,200 cubic yards of mulch, and 9,494 cubic yards of woed pulp. The joirt production process costs a total of $30,000 per batch. After the split-off point, wood chips are immediately sold for $28 per cubic yard while wood pulp and mulch are processed further. The market value of the wood pulp and mulch at the split-off point is estimated to be $20 and $23 per cubic yard, respectively. The additional production process of the wood pulp costs $4 per aubic yard, after which it is sold for $30 per cubic yard. The additional production process of the mulch costs $3 per aubic yard, after which it is sold for $33 per cubic yard. 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 Allocate the joint costs of production to each product using the net realizable value method. Do not round intermediate calculations. Round your answers to the nearest dollar: Jolnt cost allocation - physical units method Board-It, Inci, produces the following types of 2410 wood boards: washed, stained, and pressure treated. These products are produced jointly until they are out. One batch produces 45 washed boards, 25 stained boards, and 30 pressure treated boards. The joint production process costs a total of $710 per batch. 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 Using the physical units method, allocate the joint production cost to each product. Round your answers to the nearest cent. Joint cost allocation - weighted average method Gary's Grooves Co. produces two types of carving knives, one with a handle made of a polymer that looks like walnut wood and another with a handie made with a polymer that looks like red oak. The knives are made through a joint production molding process that produces 270 knife blades for red oak handie knives and 360 knife blades for walnut handle knives at the split-off point. The polymer for the red oak handie knile blades requires twice as much cooling time as the polymer for the wainut handle knlfe blades, although all knives are removed from the joint molding process at the same time (i.e. once the cooling for the red oak handle knives is complete). The joint production process costs a total of $6,500. 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 Assuming the company allocates joint costs using the weighted average method based on the required cooling time of the two joint products, determine the amount of joint production costs allocated to each type of knife using the weighted average method. Round your answers to the nearest doilar