Sales$-$Value$-$at$-$Split$-$off Method

Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows:

Direct materials

$$72,000$

Direct labor

$32,000$

Overhead

$26,000$

At the split$-$off point, a batch yields $1,900$ barlon, $2,400$ s$$lene$,2,300$ plicene, and $3,900$ corsol. All products are sold the split$-$off point: barlon sells for $$15$ per unit, selene sells for $$20$ per unit, plicene sells for $$25$ per unit, and corsol sells for $$38$ per unit.

Required:

Allocate the joint costs using the sales$-$value$-$at$-$split$-$off method. If required, round allocation rates to four decim places and round the final allocations to the nearest dollar.

Allocated Joint Cost

Barlon

$

Selene

Plicene

Corsol

Total

$

$($Note: The total of the allocated cost may not equal actual total costs to due to rounding.$)$