Calamata Corporation Processes a Single Material into Three Separate Products

question 70

Essay

Calamata Corporation processes a single material into three separate products A,B,and C.During September,the joint costs of processing were $300,000.Production and sales value information for the month were as follows:
$$\begin{array} { | c | c | c | c | } \hline \text { Product } & \text { Units Produced } & \begin{array} { c } \text { Final Sales } \\\text { Value per Unit }\end{array} & \begin{array} { c } \text { Separable } \\\text { Costs }\end{array} \\\hline \text { A } & 10,000 & \$ 25 & \$ 125,000 \\\hline \text { B } & 15,000 & 30 & 250,000 \\\hline \text { C } & 12,500 & 24 & 125,000 \\\hline\end{array}$$ Required:
Determine the amount of joint cost allocated to each product if the constant gross-margin percentage NRV method is used.

---

Definitions:

Structuralist Approach

A method in psychology aiming to understand the structure of the mind by analyzing its constituent components, such as sensations and perceptions.

Functionalism

An approach in psychology that focuses on the roles and functions of the mind and behavior in individuals' adaptation to their environment.

Purpose of Behaviour

The underlying reason or motive for why a specific action or behavior is performed by an individual.

Behaviourist

A psychological approach focusing on observable and measurable behaviors, discouraging speculation about internal mental processes.