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Question - Boissons Company produces four solvents from the same process: C1RT, D4GH, E7TY, and G98P. Joint product costs are $150,000. (Round all answers to the nearest dollar.)
Barrels
Sales price per barrel at split-off
Disposal cost per barrel at split-off
Further processing costs
C1RT
500
$10.00
$6.50
$2.00
D4GH
1,000
8.00
4.00
2.50
E7TY
1,500
11.00
7.00
G98P
2,000
15.00
9.50
4.50
If Boissons sells the products after further processing, the following disposal costs will be incurred: C1RT, $2.50; D4GH, $1.00; E7TY, $3.50; G98P, $6.00. Using a physical measurement method, how much joint cost are allocated to each of the four solvents? (C1RT, D4GH, E7TY & G98P)
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