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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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9 years ago
Berkel Company processes sugar cane into three products. During May, the joint costs of processing were $600,000. Production and sales value information for the month were as follows:

Product   Units Produced   Sales Value at Splitoff Point    Separable costs
Sugar   15,000   $200,000   $60,000
Sugar Syrup   10,000   175,000   192,000
Fructose Syrup   5,000   125,000   96,000

Required:
Determine the amount of joint cost allocated to each product if the sales value at splitoff method is used.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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9 years ago
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jerico Author
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#2
9 years ago
This solved my problem perfectly, thank you for your kind input.
wrote...
#3
9 years ago
Cool! No problem.
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