Sweet Sugar Company processes sugar beets into three products.During April the joint costs of processing were $240,000.Production and sales value information for the month were as follows:
Sales Value at

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

Question

Sweet Sugar Company processes sugar beets into three products.During April the joint costs of processing were $240,000.Production and sales value information for the month were as follows:
Sales Value at
  
Required:
Determine the amount of joint cost allocated to each product if the sales value at splitoff method is used.

Quizplus · Accepted Answer

The Answer of Sweet Sugar Company processes sugar beets into three products.During April the joint costs of processing were $240,000.Production and sales value information for the month were as follows:
Sales Value at
  
Required:
Determine the amount of joint cost allocated to each product if the sales value at splitoff method is used.

Sweet Sugar Company Processes Sugar Beets into Three Products