Corporation manufactures two products, X and Y, from a jointprocess. It costs corporation $600,000 in a joint process toproduce 3,000 units of x and 2,000 units of Y. Both products can besold at the split-off point or they can be processed furhter tocompletion. The company will incur separable costs of #45 per unitsfor X and $90 for Y to process further. X and Y can sold for $240and $300, respectively, at completion.
REQUIRED:
A. What is the amount of separable costs assigned to products Xand Y assuming that joint costs are allocated using the netrealizable value method?
B. What is the amount of joint costs assigned to products X andY assuming that joint costs are allocated using the final salesvalue method>
C. What is the amount of total costs assigned to products X andY assuming that joint costs are allocated using the physical unit;smethod?
D. Should product X be sold at the split-off point or proceedfurther assuming that it can sold for $165 at split-off? Justifyyour answer with numbers.