Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. physical units method alomar company manufactures

Physical Units Method Alomar Company manufactures four products from a joint production process: barlon, selene,...

60.1K

Verified Solution

Question

Accounting

image

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: Direct materials $66,126 Direct labor 33,989 Overhead 29,290 At the split-off point, a batch yields 2,213 barlon, 4,279 selene, 3,246 plicene, and 5,018 corsol. All products are sold at the split-off point: barlon sells for $18 per unit, selene sells for $18 per unit, plicene sells for $24 per unit, and corsol sells for $37 per unit. Required: 1. Allocate the joint costs using the physical units method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar. Note: The total of the allocated cost does not equal to the one provided in the question data due to rounding error. Allocated Joint Cost Barlon Selene Plicene Corsol Total 2. Suppose that the products are weighted as shown below: Barlon 1.4 Selene 2.1 Plicne 1.3 Corsol 2.3 Allocate the joint costs using the weighted average method. If required, round your percentage allocation to four decimal places and round allocated costs to the nearest dollar, Allocated Joint Cost Barlon Selene Plicene Corsol Total

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Mr. Agirich of Aggie Farms is considering the purchase of 100 acres of prime ranch land...

Finance
Q

what is the reason for these differences in bronchi and lobes

Medical Sciences
Q

This case continues following the new project of the WePROMOTE Company, that you and your partner...

Accounting
Q

Use the power spectral density P n4f generate stochastic processes s mT having this energy...

Geometry
Q

16 65 The pinion gear rolls on the gear racks If B is moving to...

Basic Math
Q

When should managers use the dual-rate method over the single-rate method? What factors should managers...

Accounting
Q

The formula to calculate interest is: (Rate X Time)/2 O Principal X Rate Principal X...

Accounting
Q

Gladstone Company tracks the number of units purchased and sold throughout each accounting period but...

Accounting
Q

Bertucci Corporation fabrica tres productos que utilizan la restriccin de corriente, que es un tipo...

Accounting
Q

Eastport Incorporated was organized on June 5, Year 1. It was authorized to issue 390,000...

Accounting
Q

Consider that 2 investment funds exist. ABC Fund(invested in 50% normal stock and 50% risky...

Finance
Q

A perpetuity will pay $1000 per year, starting five years after the perpetuity is purchased....

Finance