Solution-Allocate the joint costs using the physical output

Allocate the joint costs using the physical output method

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Reference no: EM131590541

Cost Accounting Question

Pepsi Beverages processes soft drinks and bottles it as Marinda, Seven up and Coke. During the year, the joint costs of processing the coffee were $450,000. There were no beginning or ending inventories. Production and sales value information were as follows:

Sales Value
Product	Cases	At Split-Off	Separable Costs	Selling Price
Marinda	200,000	$9 per case	$5.00 per case	$32 per case
Seven up	300,000	$8 per case	$3.00 per case	$30 per case
Coke	500,000	$7 per case	$2.00 per case	$20 per case

a. Allocate the joint costs using the physical output method.

b. Allocate the joint costs using sales value at split-off point method.

Reference no: EM131590541

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Allocate the joint costs using the physical output method

Reference no: EM131590541

Reference no: EM131590541

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