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 | $69,000 |
Direct labor | 35,000 |
Overhead | 26,000 |
At the split-off point, a batch yields 1,000 barlon, 2,600 selene, 2,500 plicene, and 3,600 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $23 per unit, plicene sells for $27 per unit, and corsol sells for $37 per unit.
Required:
Allocate the joint costs using the sales-value-at-split-off method. If required, round allocation rates to four decimal 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.)
Calculate following
Sale value | Ratio | Allocation Joint cost | |
Barlon | 17000 | 0.0613 | 7969 |
Selene | 59800 | 0.2155 | 28015 |
Plicene | 67500 | 0.2432 | 31616 |
Corsol | 133200 | 0.48 | 62400 |
Total | 277500 | 100% | 130000 |
Sales-Value-at-Split-off Method Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and...
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 $69,000 Direct labor 35,000 Overhead 26,000 At the split-off point, a batch yields 1,000 barlon, 2,600 selene, 2,500 plicene, and 3,600 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $23 per unit, plicene sells for $27 per unit, and corsol sells for...
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 $69,000 Direct labor 35,000 Overhead 26,000 At the split-off point, a batch yields 1,000 barlon, 2,600 selene, 2,500 plicene, and 3,600 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $23 per unit, plicene sells for $27 per unit, and corsol sells for...
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 $63,000 Direct labor 30,000 Overhead 25,000 At the split-off point, a batch yields 1,600 barlon, 2,600 selene, 2,500 plicene, and 3,600 corsol. All products are sold at the split-off point: barlon sells for $15 per unit, selene sells for $22 per unit, plicene sells for $29 per unit, and corsol sells for...
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 $70,500 Direct labor 31,000 Overhead 25,500 At the split-off point, a batch yields 1,700 barlon, 2,900 selene, 2,800 plicene, and 3,600 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $21 per unit, plicene sells for $28 per unit, and corsol sells for...
Physical Units 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 $73,659 Direct labor 37,301 Overhead 22,246 At the split-off point, a batch yields 1,589 barlon, 4,189 selene, 3,467 plicene, and 5,201 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $20 per unit, plicene sells for $27 per unit, and corsol sells...
Physical Units 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 $73,659 Direct labor 37,301 Overhead 22,246 At the split-off point, a batch yields 1,589 barlon, 4,189 selene, 3,467 plicene, and 5,201 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $20 per unit, plicene sells for $27 per unit, and corsol sells...
Physical Units 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 $73,659 Direct labor 37,301 Overhead 22,246 At the split-off point, a batch yields 1,589 barlon, 4,189 selene, 3,467 plicene, and 5,201 corsol. All products are sold at the split-off point: barlon sells for $17 per unit, selene sells for $20 per unit, plicene sells for $27 per unit, and corsol sells...
Physical Units 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 $73,371 Direct labor 34,634 Overhead 23,710 At the split-off point, a batch yields 1,494 barlon, 2,455 selene, 2,668 plicene, and 4,055 corsol. All products are sold at the split-off point: barlon sells for $16 per unit, selene sells for $19 per unit, plicene sells for $24 per unit, and corsol sells...
Physical Units 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 $62,460 Direct labor 34,046 Overhead 24,046 At the split-off point, a batch yields 1,921 barlon, 2,668 selene, 2,561 plicene, and 3,522 corsol. All products are sold at the split-off point: barlon sells for $16 per unit, selene sells for $20 per unit, plicene sells for $24 per unit, and corsol sells...
Vest Softhed Amar Company manufactures for products from a joint production process: barton, see picene, and cool The int costs for one barch are as follows: Direct materials $75,000 Direct labor Overhead 27.000 the s oft pot buche 2.000 2.500 pace, and can $17 punts Required: Allocate the joint co n g the wes value at off method if required, round action rates to four decimal round the final allocations to the rest olla Allocated in Cost Barton (Note: The...