Determine the amount allocated to each product if the estimated

Determine the amount allocated to each product if the estimated

Red Sauce Canning Company processes tomatoes into catsup,
tomato juice, and canned tomatoes. During the summer of 20X5, the joint costs
of processing the tomatoes were $420,000. There was no beginning or ending
inventories for the summer. Production and sales value information for the
summer is as follows:

Product

Cases

Sales Value at Split off Point

Separable Costs

Selling Price

Catsup

100,000

$6 per case

$3.00 per case

$28 per case

Juice

150,000

8 per case

5.00 per case

25 per case

Canned

200,000

5 per case

2.50 per case

10 per case

Required:

Determine the amount allocated to each product if the
estimated net realizable value method is used, and compute the cost per case