Stulce Inc. produces joint products A, B, and C from a joint process. Information concerning a batch produced in May at a joint cost of $120,000 was as follows: 
Required(calculate all ratios, percentages, and unit costs to 2 decimal places, for example 33.33%, and round all dollar amounts to the nearest whole dollar):
1. Allocate the joint costs to the joint products using the physical measures method.
2. Calculate the gross margin for each of the three products using the cost allocation for the physical unit method in part (1) above.
3. Allocate the joint costs to the joint products using the net realizable method.
4. Calculate the gross margin for each of the three products using the cost allocation for the net realizable value method in part (3) above.
Definitions:
Freedom
The power or right to act, speak, or think as one wants without hindrance or restraint.
Independence
The state of being self-sufficient and not reliant on external forces or entities for decision-making or governance.
Whole Employee
A concept emphasizing the consideration of employees' life outside work, promoting work-life balance and holistic well-being.
Work Environment
The physical and psychological conditions under which employees perform their job duties, including the office layout, culture, and policies.
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