Question: please complete ALL requirements for part 1,2 Requirements 1. Compute the gross-margin percentage for each product sold in December. using the following methods for allocating


Requirements 1. Compute the gross-margin percentage for each product sold in December. using the following methods for allocating the $60,000 joint costs. a. Sales value at splitoff b. Physical-measure c. NRV 2. Could Sunshine have increased its December operating income by making different decisions about the further processing of products A. B, or D? Show the effect on operating income of any changes you recommend More info - Product A, 253,000 gallons - Product B, 92,000 gallons - Product C, 69,000 gallons - Product D, 46,000 gallons The joint costs of purchasing and processing the crude vegetable oil were $60,000 Sunshine had no beginning or ending inventories. Sales of product C in December were $60,000 Products A, B, and D were further refined and then sold Data related to December are as follows. Sunshine had the option of selling products A, B, and D at the splitoff point. This alternative would have yielded the following revenues for the December production - Product A, $50,000 - Product B, $30,000 - Product D, $60,000 The Sunshine Oir Conpany burs crude vegetable oil Refinng this oit resuits in tour products at the splitolf point. A, B, G, and D) Probuct C is fiter processed by the spltoff poin Products A,B, and D can individually be further refined into Super A, Super B, and Super D in the most recent month (December) the output at the splitoif point was as foltoms (1) (Click tha icon to vicw the information ) Fend the Requirement 1. Compule the gross margin percentage tor each product sold in December, using the different methods for allocating the s60.000 jant exsits a. Sales Value at Spltoff Begin by entering the amounts in the table and allocate the joint costs (Enter the weights to four dheimat places)
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