Current Attempt in Progress Wildhorse produces four kinds of ice cream from a single process....
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Accounting
Current Attempt in Progress Wildhorse produces four kinds of ice cream from a single process. The total joint costs of $76,700 resulted in 2,700 gallons of vanilla, 2,900 gallons of strawberry, 1,900 gallons of chocolate, and 1,200 gallons of Neapolitan ice cream. Wildhorse sells the vanilla ice cream for $3.00 /gallon and sells each of the other three flavors for $3.50 /gallon. How much of the joint cost will be allocated to each product if the sales value at split-off method is used? (Round proportion to 4 decimal places, e.g. 0.2513 and final answers to 0 decimal places. e.g. 5,125.)
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