Accounting for Joint Production Processes Weighted Average Method A peach canning factory purchases $5,000 of peaches and grades and cans them by quality.The following data pertains to this operation: Number Weight WeightedNumber Allocated Grades ofCases Factor ofCases Percent Joint Cost Fancy 100 1.30 130 0.21667 $1,083 Choice 120 1.10 132 0.22000 1,100 Standard 303 1.00 303 0.50500 2,525 Pie 70 0.50 35 0.05833 292 Totals 600 $5,000 海南大学董建华讲授 9-2 海南大学董建华讲授 9- 21 A peach canning factory purchases $5,000 of peaches and grades and cans them by quality. The following data pertains to this operation: Number Weight Weighted Number Allocated Grades of Cases Factor of Cases Percent Joint Cost Fancy 100 1.30 130 0.21667 $1,083 Choice 120 1.10 132 0.22000 1,100 Standard 303 1.00 303 0.50500 2,525 Pie 70 0.50 35 0.05833 292 Totals 600 $5,000 Accounting for Joint Production Processes Weighted Average Method