Berger Company manufactures products Delta, Kappa, and Omega from a joint process. Production, sales, and cost data for July follow.
| Delta | Kappa | Omega | Total |
Units produced | 4,000 | 2,000 | 1,000 | 7,000 |
Joint cost allocation | $36,000 | ? | ? | $60,000 |
Sales value at split-off | ? | ? | $15,000 | $100,000 |
Additional costs if processed further | $7,000 | $5,000 | $3,000 | $15,000 |
Sales value if processed further | $70,000 | $25,000 | $20,000 | $115,000 |
Required:
l. Assuming that joint costs are allocated using the relative-sales-value method, what were the joint costs allocated to products Kappa and Omega?
2. Assuming that joint costs are allocated using the relative-sales-value method what was the sales value at split-off for product Delta?
3. Use the net-realizable-value method to allocate the joint production costs to the three products.
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