Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct materials $70,233
Direct labor 36,425
Overhead 24,802

At the split-off point, a batch yields 1,652 barlon, 2,923 selene, 3,177 plicene, and 4,956 corsol. All products are sold at the split-off point: barlon sells for $12 per unit, selene sells for $22 per unit, plicene sells for $25 per unit, and corsol sells for $35 per unit.

Required:
Allocate the joint costs using the physical units method.

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach