Business, 24.04.2020 23:22 xkxd13x

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $375,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Product Selling Price Quarterly Output A $ 25.00 per pound 14,000 pounds B $ 19.00 per pound 21,800 pounds C $ 31.00 per gallon 5,200 gallons Each product can be processed further after the split-off point. Additional processing requires no special facilities. The additional processing costs (per quarter) and unit selling prices after further processing are given below: Product Additional Processing Costs Selling Price A $ 83,800 $ 30.60 per pound B $ 121,080 $ 25.60 per pound C $ 55,280 $ 39.60 per gallon

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