Berkel Company Processes Sugar Cane into Three Products Required:
Determine the Amount of Joint Cost Allocated to Each

Essay

Berkel Company processes sugar cane into three products.During May,the joint costs of processing were $600,000.Production and sales value information for the month were as follows:
$$\begin{array} { | l | c | c | c | } \hline { \text { Product } } & \text { Units Produced } & \begin{array} { c } \text { Sales Value at } \\\text { Splitoff Point }\end{array} & \begin{array} { c } \text { Separable } \\\text { costs }\end{array} \\\hline \text { Sugar } & 15,000 & \$ 200,000 & \$ 60,000 \\\hline \text { Sugar Syrup } & 10,000 & 175,000 & 192,000 \\\hline \text { Fructose Syrup } & 5,000 & 125,000 & 96,000 \\\hline\end{array}$$ Required:
Determine the amount of joint cost allocated to each product if the sales value at splitoff method is used.