17. LO.3 (Allocating joint cost) Keiff er Production manufactures three joint pr

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17. LO.3 (Allocating joint cost) Keiff er Production manufactures three joint products in a single process. Th e following information is available for August 2010: Product- Gallons- Sales Value at SplitOff per Gallon- Cost after Split-Off-Final Selling Price JP-4539 4,500 $14 $4 $24 JP-4587 18,000 8 5 15 JP-4591 13,500 18 2 22 Allocate the joint cost of $558,000 to the production based on the a. number of gallons. b. sales value at split-off . c. approximated net realizable values at split-off . (Round all percentages to the nearest whole percentage.)

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