Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol....
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Accounting
Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows:
Direct materials $75,000
Direct labor 35,000
Overhead 25,000
At the split-off point, a batch yields 1,700 barlon, 2,400 selene, 2,300 plicene, and 3,600 corsol. All products are sold at the split-off point: barlon sells for $18 per unit, selene sells for $22 per unit, plicene sells for $25 per unit, and corsol sells for $37 per unit.
Required: Allocate the joint costs using the sales-value-at-split-off method. If required, round allocation rates to four decimal places and round the final allocations to the nearest dollar.
Allocated Joint Cost
Barlon ______
Selene _______
Plicene_____
Corsol_______
Total ________ (Note: The total of the allocated cost may not equal actual total costs to due to rounding.)
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