Please show all work. Thank you Deming & Sons manufactures four...
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Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows. If Processed Further Units Sales Value Product Produced at Split-off Additional Costs Sales Values W-10 65,800 $ 392,000 $ 42,300 $ 429,000 W-20 47,000 337,000 33,700 392,000 W-30 37,600 227,000 22,700 282,000 W-40 37,600 172,000 14,100 188,000 188,000 $1,128,000 $112,800 $1,291,000 Required: Assuming that total joint costs of $462.480 were allocated using the physical quantities method, what joint costs were allocated to each product? (Do not round intermediate calculations.) Joint Costs Allocated Product W-10 W-20 W-30 W-40
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