Homework Answers
| Sales Value at split off: | |||
| Nuts | (3100 x $ 29) | $ 89,900.00 | |
| Bolts | (16200 x $ 17) | $ 275,400.00 | |
| Total sales value | $ 365,300.00 | ||
| Relative sales value percentage | |||
| Nuts | ($ 89900 / $ 365300) | 24.61% | |
| Bolts | ($ 275400 / $ 365300) | 75.39% | |
| Joint cost allocated to Bolts = | $ 51000 x 75.39% | ||
| = | $ 38,449 | ||
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