Question & Answer: The Rieppel Spirits Company produces two products-turpentine and methanol (wood alcohol)-by a joint process. Joint co…..

The Rieppel Spirits Company produces two products-turpentine and methanol (wood alcohol)-by a joint process. Joint costs amount to $125,000 per batch of output. Each batch totals 13,500 gallons: 25% methanol and 75% turpentine. Both products are processed urther without gan or loss in volume. Separable processing costs are methanol S4 per gallon, and urpentine, $2 per gallon. Methanol sells or $22 per gallon. Turpentine sells for $16 per gallon Read the requirements