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Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402 Exercise 19
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:
At the split-off point, a batch yields 1,400 barlon, 2,600 selene, 2,500 plicene, and 3,500 corsol. All products are sold at the split-off point: barlon sells for $15 per unit, selene sells for $20 per unit, plicene sells for $26 per unit, and corsol sells for $35 per unit.
Carry out all percent calculations to four significant digits.
Required:
1. Allocate the joint costs using the physical units method.
2. Suppose that the products are weighted as shown on page 368.
Allocate the joint costs using the weighted average 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:
At the split-off point, a batch yields 1,400 barlon, 2,600 selene, 2,500 plicene, and 3,500 corsol. All products are sold at the split-off point: barlon sells for $15 per unit, selene sells for $20 per unit, plicene sells for $26 per unit, and corsol sells for $35 per unit.
Carry out all percent calculations to four significant digits.
Required:
1. Allocate the joint costs using the physical units method.
2. Suppose that the products are weighted as shown on page 368.
Allocate the joint costs using the weighted average method.
Explanation
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1.The allocation of joint cost...
Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
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