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Find the joint costs allocated to alpha

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Jordan, Inc. produces 2 products from a joint process costing $24,000. The results from the most recent period follow:

                  Sales Value Separable                  Sales  Value After

Product       Tons           at Split-Off                   Costs             Further Processing

Alpha-1         800               $10,000                   $12,000            $24,000

Alpha-2         400                  8,000                      4,000                 20,000

Question 1. If Jordan uses the sales value at split-off point method, the joint costs allocated to Alpha-1and Alpha-2 would be?

Question 2. If Jordan uses the net realizable value method or ultimate market value, the joint costs allocated to Alpha-1 and Alpha-2 would be?

Question 3. If Jordan uses the average unit cost method, the joint costs allocated to Alpha-1 and Alpha-2 would be?

Reference no: EM132567173

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