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Jean Company produces four products, which have a manufacturing cost of 672,000 at the split off point. Data pertaining to these products follow: Product A B C D Sales Value at Split pff per unit 36.00 , 10.50 , 18.00 , 16.50  Units produced 20,000 , 32,000 ,36,000 , 24,000 Weight Factors 9, 16.5, 15, 18 Required: Allocate the total joint cost using: 1. Average unit cost method or Physical output method 2. Market value method or relative sales value method 3. Weighted average method

Jean Company produces four products, which have a manufacturing cost of 672,000 at the split off point. Data pertaining to these products follow: Product A B C D Sales Value at Split pff per unit 36.00 , 10.50 , 18.00 , 16.50  Units produced 20,000 , 32,000 ,36,000 , 24,000 Weight Factors 9, 16.5, 15, 18 Required: Allocate the total joint cost using: 1. Average unit cost method or Physical output method 2. Market value method or relative sales value method 3. Weighted average method

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 27E: Pacheco, Inc., produces two products, overs and unders, in a single process. The joint costs of this...
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Jean Company produces four products, which have a manufacturing cost of 672,000 at the split off point. Data pertaining to these products follow:

Product A B C D
Sales Value at Split pff per unit 36.00 , 10.50 , 18.00 , 16.50 

Units produced 20,000 , 32,000 ,36,000 , 24,000

Weight Factors 9, 16.5, 15, 18

Required: Allocate the total joint cost using:

1. Average unit cost method or Physical output method

2. Market value method or relative sales value method

3. Weighted average method

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