split$-$off, but must b

processed further. Information on one batch of the three products is as follows:

Required:

Calculate the total revenue, total costs, and total gross profit the company will earn on the sale of L$-$Ten, Triol, and Pioze.

Allocate the joint cost to L$-$Ten, Triol, and Pioze using the constant gross margin percentage method. Round the gross margin percentage to four decimal places and round all other

computations to the nearest dollar.

$($Note: The joint cost allocation does not equal due to rounding.$)$Required:

Calculate the total revenue, total costs, and total gross profit the company will earn on the sale of L$-$Ten, Triol, and Pioze.

Total Revenue :

Total Costs $$22,200$

Total Gross Profit :

Joint Cost

$($Note: The joint cost allocation does not equal due to rounding.$)$

Joint Cost

$($Note: The joint cost allocation does not equal due to rounding.$)$Required:

Calculate the total revenue, total costs, and total gross profit the company will earn on the sale of L$-$Ten, Triol, and Pioze.

Total Revenue :

Total Costs $$22,200$

Total Gross Profit :

Joint Cost

$($Note: The joint cost allocation does not equal due to rounding.$)$

Joint Cost

$($Note: The joint cost allocation does not equal due to rounding.$)$

What if it cost $$2\mathrm{.}00$ to process each gallon of Triol beyond the split$-$off point? H