## (Solution Download) Exercise 7.25 (Algorithmic) Physical Units Method Alomar Company manufactures four products from a j

Exercise 7.25 (Algorithmic)

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 \$67,338 Direct labor 33,068 Overhead 27,220

At the split-off point, a batch yields 2,976 barlon, 3,274

the split-off point: barlon sells for \$17 per unit, selene sells

for \$18 per unit, plicene sells for \$25 per unit, and corsol sells

for \$35 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 2.2 Plicene 1.2 Corsol 2.4

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 \$

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This question was answered on: Dec 08, 2020

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