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HOME CC ACC 212 1WOV SU19 Cengag x CengageNOWv2 1 Online tea Joint Cost Allocation-Physic G C Direct Method Of Support De x + https//v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invokeri s&takeAssignmentSessionLocator assignment-take&inprogress false Chapter 05 Homework eBook Calculator Show Me How Joint Cost Allocation-Physical Units Method Board-It, Inc. produces the following types of 2 x 4 x 10 wood boards: washed, stained, and pressure treated. These products are produced jointly until they are cut. One batch produces 45 washed boards, 35 stained boards, and 20 pressure treated boards. The joint production process costs a total of $710 per batch. Using the physical units method, allocate the joint production cost to each product. Round your answers to two decimal places. Joint Product Allocation Washed Stained Pressure treated Totals Previous Next Check My Work 557 AM 6//2019 O Type here to search

Answer 1

Joint Product	Allocation
Washed	$319.50
Stained	$248.50
Pressure treated	$142
Totals	$710

Explanation;

Joint production process costs = $710

Washed produced = 45

Stained produced = 35

Pressure treated = 20

Thus total units (45 + 35 + 20) = 100

Now, let’s allocate joint production process costs;

Washed ($710 * 45 / 100) = $319.50

Stained ($710 * 35 / 100) = $248.50

Pressure treated ($710 * 20 / 100) = $142