Berkel Company processes sugar cane into three products. During May, the joint costs of processing were $600,000. Production and sales value information for the month were as follows:

Required:
Determine the amount of joint cost allocated to each product if the sales value at split-off method is used.

Question

Berkel Company processes sugar cane into three products. During May, the joint costs of processing were $600,000. Production and sales value information for the month were as follows:
  
Required:
Determine the amount of joint cost allocated to each product if the sales value at split-off method is used.

Quizplus · Accepted Answer

The Answer of Berkel Company processes sugar cane into three products. During May, the joint costs of processing were $600,000. Production and sales value information for the month were as follows:
  
Required:
Determine the amount of joint cost allocated to each product if the sales value at split-off method is used.

Berkel Company Processes Sugar Cane into Three Products