Ch 11-Grading HW Saved Exercise 11-48 (Algo) Net Realizable Value Method (LO 11-7) 4 Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: 8 If Processed Further points Skipped Product W-10 W-20 W-30 W-40 Units Produced 70,000 50,000 40,000 40,000 200,000 Sales Value at Split-Off $ 416,000 358,000 242,000 184,000 $1,200,000 Additional Costs Sales Values $ 45,000 $ 456,000 35,800 416,000 24,200 300,000 15,000 200,000 $120,000 $1,372,000 eBook o References Required: Assuming that total joint costs of $432,000 were allocated using the sales value at split-off (net realizable value method), what joint costs were allocated to each product? (Do not round intermediate calculations.) Product NRV at Split- Off Joint Costs Allocated W-10 W-20 W-30 W-40 Ch 11-Grading HW i Saved Exercise 11-29 (Algo) Cost Allocation: Direct Method (LO 11-2) 5 University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developing). Management has decided to allocate maintenance costs on the basis of machine-hours in each department and personnel costs on the basis of labor-hours worked by the employees in each. 8 points The following data appear in the company records for the current period: Skipped Maintenance Personnel 1,800 Machine-hours Labor-hours Department direct costs Printing 1,800 550 $13,600 Developing 4,200 2,200 $10,500 550 $ 2,000 $12,000 eBook Required: Use the direct method to allocate these service department costs to the operating departments. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.) References Maintenance Personnel Printing Developing Service department costs Maintenance allocation Personnel allocation Total costs allocated $ 0 $ 0 $ 0 $ 0