Rogers Company manufactures three products from a joint process. The Disk and the Jet can be sold at split-off, but the Beam must be processed further at a total cost of $36,000. Total joint costs for the year amounted to $1,740,000. Additional data are as follows: Required: Using the relative-sales-value method of allocating joint costs, determine the joint costs allocated to each product.

Question

Rogers Company manufactures three products from a joint process. The Disk and the Jet can be sold at split-off, but the Beam must be processed further at a total cost of $36,000. Total joint costs for the year amounted to $1,740,000. Additional data are as follows:  Required: Using the relative-sales-value method of allocating joint costs, determine the joint costs allocated to each product.

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The Answer of Rogers Company manufactures three products from a joint process. The Disk and the Jet can be sold at split-off, but the Beam must be processed further at a total cost of $36,000. Total joint costs for the year amounted to $1,740,000. Additional data are as follows:  Required: Using the relative-sales-value method of allocating joint costs, determine the joint costs allocated to each product.

Rogers Company Manufactures Three Products from a Joint Process