Answer:
Alomar Company
Allocation of Joint Costs:
Barlon = $10,002
Selene = $29,250
Plicene = $31,771
Corsol = $55,977
Explanation:
a) Data and Calculations:
Joint costs:
Direct materials $61,500
Direct labor 40,000
Overhead 25,500
Total joint costs $127,000
Joint Products Barlon Selene Plicene Corsol Total
Batch output units 1,400 2,900 2,800 3,700 10,800
Selling price per unit $17 $24 $27 $36
Sales value $23,800 $69,600 $75,600 $133,200 $302,200
Allocation of Joint Costs:
Barlon = $10,002 ($23,800/$302,200 * $127,000)
Selene = $29,250 ($69,600/$302,200 * $127,000)
Plicene = $31,771 ($75,600/$302,200 * $127,000)
Corsol = $55,977 ($133,200/$302,200 * $127,000)
