Joint cost allocation; sell or process further
In a joint process, Wear Art produces precut fabrics for three products: dresses, jackets, and blouses. Joint cost is allocated on the basis of relative sales value at splitoff. The company can choose to process each of the products further rather than sell the fabric at splitoff. Information related to these products follows.
tableDresses,Jackets,Blouses,TotalNumber of units produced,Joint cost allocated,?,$$
