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Based on relative sales values allocate joint costs

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Reference no: EM131624844

Exercise

Runner Products produces two Joint products (A and B). Prior to the split-off point, the company incurs costs of $6,110. Product A weighs 29 pounds, and Product B weighs 122 pounds. Product A sells for $97 per pound, and Product B sells for $34 per pound.

Based on relative sales values at the split-off point, allocate Joint costs to Products A and B. (Round relative sales value proportion to 4 decimal places eg.0.4525 and final answers to 0 decimal places.)

Product A

Product B

Reference no: EM131624844

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