How much joint cost are allocated to each of the solvents

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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

4.00

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)

Reference no: EM131633111

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